American Funds Dvlpg Wld Gr&Inc529-C (CDWCX)

Fund Assets	2.64B
Expense Ratio	2.01%
Min. Investment	$250
Turnover	54.00%
Dividend (ttm)	0.11
Dividend Yield	0.71%
Dividend Growth	238.64%
Payout Frequency	n/a
Ex-Dividend Date	Dec 19, 2025

Previous Close	16.13
YTD Return	18.15%
1-Year Return	28.93%
5-Year Return	30.45%
52-Week Low	12.58
52-Week High	16.69
Beta (5Y)	0.89
Holdings	148
Inception Date	Feb 3, 2014

About CDWCX

The American Funds Developing World Growth and Income Fund 529-C is an open-end mutual fund focused on investing primarily in companies located in developing or emerging markets. Managed by Capital Research and Management Company, the fund aims to provide long-term growth of capital along with current income by selecting enterprises with strong growth potential and the capacity to pay dividends. The portfolio is heavily weighted toward non-U.S. equities, particularly those in sectors such as financials, information technology, communication services, and consumer discretionary. With modest exposure to U.S. and developed market holdings, the fund broadens global diversification for investors. Regular dividend distributions are made quarterly, and capital gains are paid annually. The fund is designed to play a significant role in diversifying equity or income allocations, especially for those seeking emerging markets exposure, while maintaining an approach that may temper some of the volatility typically associated with developing markets investing.

• Fund Family: Capital Group
• Category: Diversified Emerging Mkts
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: CDWCX
• Share Class: Class 529-c
• Index: MSCI EM (Emerging Markets) NR USD

Performance

CDWCX had a total return of 28.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.54%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FGOMX	Fidelity	Strategic Advisers Fidelity Emerging Markets Fund	0.30%
FPADX	Fidelity	Fidelity Emerging Markets Index Fund	0.08%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
RDWGX	Class R-6	0.78%
FDWGX	Class F-3	0.78%
RDWFX	Class R-5	0.83%
FWDGX	Class 529-f-3	0.83%

Top 10 Holdings

44.42% of assets

Name	Symbol	Weight
Taiwan Semiconductor Manufacturing Company Limited	2330	12.17%
SK hynix Inc.	000660	10.37%
Samsung Electronics Co., Ltd.	005930	6.28%
Capital Group Central Cash Fund	n/a	3.11%
Tencent Holdings Limited	0700	2.90%
Taiwan Semiconductor Manufacturing Company Limited	TSM	2.30%
MediaTek Inc.	2454	2.19%
Hana Financial Group Inc.	086790	1.99%
Alibaba Group Holding Limited	9988	1.63%
China Resources Land Limited	1109	1.49%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$0.1073	Dec 22, 2025
Sep 22, 2025	$0.0071	Sep 23, 2025
Jun 20, 2025	$0.0644	Jun 23, 2025
Dec 20, 2024	$0.0084	Dec 23, 2024
Jun 21, 2024	$0.0444	Jun 24, 2024
Dec 19, 2023	$0.0308	Dec 20, 2023

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 26, 2026

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