American Funds New World R2E (RNEBX)
| Fund Assets | 71.42B |
| Expense Ratio | 1.37% |
| Min. Investment | $250 |
| Turnover | 37.00% |
| Dividend (ttm) | 2.54 |
| Dividend Yield | 2.70% |
| Dividend Growth | 57.15% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2024 |
| Previous Close | 93.71 |
| YTD Return | 24.41% |
| 1-Year Return | 15.35% |
| 5-Year Return | 46.79% |
| 52-Week Low | 69.00 |
| 52-Week High | 94.03 |
| Beta (5Y) | n/a |
| Holdings | 618 |
| Inception Date | Aug 29, 2014 |
About RNEBX
American Funds New World Fund R2E is a diversified mutual fund that primarily seeks long-term capital appreciation. Its core strategy focuses on investing in companies with significant exposure to emerging markets, including both firms based in developing economies and multinational corporations that generate substantial revenues from these regions. The fund’s portfolio spans a range of sectors such as technology, communication services, consumer goods, and healthcare, with notable holdings in global leaders like Taiwan Semiconductor Manufacturing, Tencent Holdings, Microsoft, MercadoLibre, and Broadcom. By allocating assets across numerous countries and industries, the fund aims to capture the dynamic growth potential of emerging markets while balancing risk through geographic and sector diversification. Managed by Capital Group, it is designed for investors seeking to diversify globally and participate in the growth of developing economies over the long term.
Performance
RNEBX had a total return of 15.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.50%.
Top 10 Holdings
25.28% of assets| Name | Symbol | Weight |
|---|---|---|
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | 2330 | 7.00% |
| CAPITAL GROUP CENTRAL CASH FUND | CMQXX | 3.84% |
| Microsoft Corporation | MSFT | 2.31% |
| TENCENT HOLDINGS LTD | 0700 | 2.31% |
| MercadoLibre, Inc. | MELI | 2.14% |
| SK HYNIX INC | 000660 | 1.69% |
| Broadcom Inc. | AVGO | 1.57% |
| NVIDIA Corporation | NVDA | 1.55% |
| Meta Platforms, Inc. | META | 1.46% |
| AAR Corp. | AIR | 1.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2024 | $2.538 | Dec 20, 2024 |
| Dec 14, 2023 | $1.615 | Dec 15, 2023 |
| Dec 15, 2022 | $0.3147 | Dec 16, 2022 |
| Dec 16, 2021 | $5.558 | Dec 17, 2021 |
| Dec 20, 2019 | $2.3515 | Dec 23, 2019 |
| Dec 21, 2018 | $1.0481 | Dec 24, 2018 |