RNPHX Fees and Costs — New Perspective Fund, Class R-5E
Data updated: 2026-08-27
The net expense ratio is 0.55%: a 0.36% management fee plus 0.19% other expenses. There are no sales loads or redemption fees. In fiscal 2024 the fund paid $19.0M in broker commissions, 0.0145% of average net assets, and portfolio turnover was 20%.
RNPHX Fees and Expenses
Annual operating expenses and sales charges of RNPHX. Prospectus, as of November 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.36% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.55% |
| Fee waiver | — |
| Net expense ratio | 0.55% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
RNPHX Costs Over Time
On $10,000 invested in RNPHX, assuming 5% a year before costs, total costs come to $356 over 5 years, cutting the return by 0.59% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $2 | $5 | $8 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $59 | $195 | $356 |
| Value after costs | $10,441 | $11,381 | $12,407 |
| Impact on return, per year | 0.59% | 0.59% | 0.59% |
RNPHX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2024.
- Explicit cost rate (commissions ÷ average net assets): 0.0145%
- Total broker commissions: $19.0M
- Bought from dealers (principal trades, not a cost): $6.5B
- Portfolio turnover (prospectus): 20%
- Securities on loan, average value: $370.7M
- Net income from securities lending: $3.6M (0.003% of average net assets)
RNPHX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| UBS AG | $2.1M | 17.14% |
| Morgan Stanley & Co. LLC | $1.6M | 12.83% |
| J.P. Morgan Securities LLC | $1.6M | 12.76% |
| Bank of America, N.A. | $1.3M | 10.88% |
| Goldman Sachs & Co. LLC | $1.2M | 9.65% |
| Jefferies & Company Inc. | $1.1M | 9.17% |
| Macquarie Bank Limited | $1.1M | 8.78% |
| Citigroup Global Markets Inc. | $833K | 6.78% |
| RBC Capital Markets LLC | $791K | 6.44% |
| Cowen and Company, LLC | $685K | 5.57% |
RNPHX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $3.8B | 58.20% |
| Barclays Bank PLC | $992.8M | 15.17% |
| BMO Capital Markets Corp. | $611.2M | 9.34% |
| TD Bank Financial Group | $347.7M | 5.31% |
| Goldman Sachs & Co. LLC | $257.5M | 3.93% |
| Wells Fargo Securities, LLC | $198.4M | 3.03% |
| Bank of America, N.A. | $198.2M | 3.03% |
| Citigroup Global Markets Inc. | $84.2M | 1.29% |
| RBC Capital Markets LLC | $45.8M | 0.70% |
New Perspective Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FNPFX | Class F-3 | 0.40% | none |
| RNPGX | Class R-6 | 0.40% | none |
| FNFPX | Class 529-F-3 | 0.45% | none |
| RNPFX | Class R-5 | 0.45% | none |
| FFPNX | Class 529-F-2 | 0.50% | none |
| ANWFX | Class F-2 | 0.51% | none |
| RNPHX | Class R-5E | 0.55% | none |
| ANWPX | Class A | 0.71% | 5.75% |
| TNPFX | Class T | 0.72% | 2.50% |
| CNPAX | Class 529-A | 0.74% | 3.50% |
| RNPEX | Class R-4 | 0.75% | none |
| TPNFX | Class 529-T | 0.76% | 2.50% |
| NPFFX | Class F-1 | 0.77% | none |
| CNPFX | Class 529-F-1 | 0.83% | none |
| CNPEX | Class 529-E | 0.98% | none |
| RNPCX | Class R-3 | 1.05% | none |
| RPEBX | Class R-2E | 1.20% | none |
| NPFCX | Class C | 1.47% | none |
| RNPAX | Class R-1 | 1.49% | none |
| RNPBX | Class R-2 | 1.49% | none |
| CNPCX | Class 529-C | 1.51% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.