American Funds Developing World Growth and Income Fund Class 529-E (CDWEX)
| Fund Assets | 1.89B |
| Expense Ratio | 1.38% |
| Min. Investment | $250 |
| Turnover | 51.00% |
| Dividend (ttm) | 0.12 |
| Dividend Yield | 0.95% |
| Dividend Growth | -18.33% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 20, 2025 |
| Previous Close | 12.41 |
| YTD Return | 19.18% |
| 1-Year Return | 20.16% |
| 5-Year Return | 29.31% |
| 52-Week Low | 9.89 |
| 52-Week High | 12.50 |
| Beta (5Y) | n/a |
| Holdings | 140 |
| Inception Date | Feb 3, 2014 |
About CDWEX
American Funds Developing World Growth and Income Fund 529-E is a mutual fund designed to seek long-term capital appreciation while delivering current income. The fund primarily invests in companies located in developing, or emerging, markets that possess both growth potential and the ability to pay dividends. Its portfolio is predominantly comprised of non-U.S. equities, with the majority of assets allocated to emerging market stocks—accounting for over 80% of net assets as of May 2025. The fund maintains a diversified approach across sectors, with notable weights in financials, information technology, and communication services. Regular dividends are distributed quarterly, and the fund's holdings span more than 100 issuers. By balancing capital growth and income, the fund aims to offer shareholders exposure to the dynamic growth opportunities of emerging markets while mitigating risk through dividend-paying investments and global diversification.
Performance
CDWEX had a total return of 20.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.03%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
28.19% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 7.26% |
| Capital Group Central Cash Fund | n/a | 3.80% |
| Tencent Holdings Limited | 0700 | 3.22% |
| Hana Financial Group Inc. | 086790 | 2.32% |
| PICC Property and Casualty Company Limited | 2328 | 2.19% |
| Meituan | 3690 | 2.15% |
| Cholamandalam Investment and Finance Company Limited | CHOLAFIN | 1.95% |
| MTN Group Limited | MTN | 1.83% |
| Alibaba Group Holding Limited | BABAF | 1.76% |
| SK hynix Inc. | 000660 | 1.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2025 | $0.082 | Jun 23, 2025 |
| Dec 20, 2024 | $0.025 | Dec 23, 2024 |
| Sep 23, 2024 | $0.0115 | Sep 24, 2024 |
| Jun 21, 2024 | $0.0607 | Jun 24, 2024 |
| Mar 22, 2024 | $0.0002 | Mar 25, 2024 |
| Dec 19, 2023 | $0.0467 | Dec 20, 2023 |