American Funds Developing World Growth and Income Fund Class 529-C (CDWCX)
| Fund Assets | 2.56B |
| Expense Ratio | 2.01% |
| Min. Investment | $250 |
| Turnover | 54.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 1.14% |
| Dividend Growth | 238.64% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 15.75 |
| YTD Return | 14.72% |
| 1-Year Return | 37.35% |
| 5-Year Return | 26.65% |
| 52-Week Low | 11.54 |
| 52-Week High | 16.27 |
| Beta (5Y) | n/a |
| Holdings | 146 |
| 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.
Performance
CDWCX had a total return of 37.35% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.39%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
38.08% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 10.40% |
| Capital Group Central Cash Fund | n/a | 5.41% |
| Samsung Electronics Co., Ltd. | 005930 | 4.37% |
| SK hynix Inc. | 000660 | 3.72% |
| Tencent Holdings Limited | 0700 | 3.69% |
| Petróleo Brasileiro S.A. - Petrobras | PBR | 2.42% |
| Hana Financial Group Inc. | 086790 | 2.21% |
| Alibaba Group Holding Limited | 9988 | 2.21% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 1.89% |
| China Resources Land Limited | 1109 | 1.76% |
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 |