American Funds New World R3 (RNWCX)
| Fund Assets | 69.41B |
| Expense Ratio | 1.22% |
| Min. Investment | $250 |
| Turnover | 37.00% |
| Dividend (ttm) | 2.64 |
| Dividend Yield | 2.95% |
| Dividend Growth | 55.07% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 89.46 |
| YTD Return | 17.80% |
| 1-Year Return | 18.18% |
| 5-Year Return | 39.54% |
| 52-Week Low | 69.13 |
| 52-Week High | 89.46 |
| Beta (5Y) | n/a |
| Holdings | 579 |
| Inception Date | Jun 6, 2002 |
About RNWCX
American Funds New World Fund Class R-3 is an actively managed mutual fund that focuses on international equity, with a particular emphasis on diversified emerging markets. Its primary objective is long-term capital appreciation through investments in a blend of common stocks and, to a lesser extent, debt securities of companies and governments that have significant exposure to developing economies. The fund’s portfolio often includes leading global firms from technology, healthcare, and consumer sectors, along with select positions in high-growth companies from emerging markets. Managed by a seasoned team at Capital Group, the fund employs a multiple-manager approach, dividing assets among several experienced portfolio managers to harness diverse perspectives and expertise. Typically, the fund allocates the majority of its assets to foreign equities, with a smaller portion invested domestically and in bonds or cash equivalents, providing broad global diversification. The fund does not have an ESG-specific focus and is designed to serve investors seeking exposure to the growth potential of developing markets while benefiting from a rigorous research-driven investment process. Its role in the market is to offer long-term global diversification and potential growth, often appealing to retirement plans and growth-oriented portfolios.
Performance
RNWCX had a total return of 18.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.48%.
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 | $2.6368 | Dec 20, 2024 |
| Dec 14, 2023 | $1.7004 | Dec 15, 2023 |
| Dec 15, 2022 | $0.4121 | Dec 16, 2022 |
| Dec 16, 2021 | $5.6659 | Dec 17, 2021 |
| Dec 20, 2019 | $2.3871 | Dec 23, 2019 |
| Dec 21, 2018 | $1.0956 | Dec 24, 2018 |