New Perspective Fund, Class F-1 Shares
NPFFX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 333 S Hope St - 55th Fl (micg) Los Angeles CA United States of America 90071
- IPO Date
- Mar 15, 2001
- CIK
- 0000071516
- Website
- capitalgroup.com
- Similar Companies
- Business
- New Perspective Fund, Class F-1 Shares (NPFFX) is a global large-cap growth mutual fund managed by Capital Research and Management Company, a subsidiary of Capital Group Companies, that seeks long-term growth of capital by investing primarily in common stocks of companies located around the world, with a focus on those benefiting from changes in international trade patterns, economic conditions, and political developments; the fund maintains a flexible, multinational portfolio emphasizing equities in sectors including information technology (approximately 23%), industrials (14%), consumer discretionary (13%), financials (12%), communication services (11%), and health care (11%), with regional allocations of about 54% to U.S. equities, 43% to non-U.S. equities across Europe & Middle East, Canada, Japan, Asia-Pacific ex-Japan, China, and emerging markets ex-China, and minimal cash equivalents. NPFFX offers investors a no-load share class with a net expense ratio of 0.78%, minimum initial investment of $250, quarterly portfolio turnover around 24%, and annual distributions including regular income dividends and long-term capital gains paid in December. The fund is part of the American Funds family, which provides multiple share classes including A, F-1, F-2, and others for varying investor needs such as retail, retirement plans, and advisors. Launched on March 13, 1973, and headquartered at 333 South Hope Street in Los Angeles, California, the fund operates globally through Capital Group's offices in the Americas, Asia, Australia, and Europe, targeting long-term investors including individuals, institutions, and retirement accounts with total net assets exceeding $163 billion as of late 2025 and over 52,000 shareholder accounts. Recent developments include a prospectus update in December 2024 reflecting ongoing portfolio management by a team of 10 equity professionals led by Steven T. Watson (since 2005), alongside Brady Enright, Jody Jonsson, Rob Lovelace, and others with average tenure exceeding 19 years; the fund distributed $0.3343 in income dividends and $2.8191 in long-term capital gains in December 2024; and Capital Group expanded distribution partnerships, such as with Citibank in early 2024 to offer the Luxembourg-domiciled version of New Perspective Fund to clients in Hong Kong and Singapore, while pursuing broader strategic shifts into private assets including a 2025 collaboration with KKR for private credit integration into American Funds lineups.