American Funds Developing World Growth and Income Fund Class 529-F-1 (CDWFX)
| Fund Assets | 2.53B |
| Expense Ratio | 1.21% |
| Min. Investment | $250 |
| Turnover | 54.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.21% |
| Dividend Growth | 116.18% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | n/a |
| Previous Close | 14.00 |
| YTD Return | 2.94% |
| 1-Year Return | 32.17% |
| 5-Year Return | 20.03% |
| 52-Week Low | 9.89 |
| 52-Week High | 15.91 |
| Beta (5Y) | n/a |
| Holdings | 139 |
| Inception Date | Feb 3, 2014 |
About CDWFX
The American Funds Developing World Growth and Income Fund 529-F-1 is an open-end mutual fund focused on investing in companies based in developing regions with significant potential for growth and a demonstrated capacity to pay dividends. Managed by Capital Research and Management Company, the fund aims to balance long-term capital appreciation with current income, a strategy designed to help mitigate the higher volatility that often characterizes emerging market investing. The portfolio predominantly consists of non-U.S. equities, with a substantial allocation across sectors such as financials, information technology, communication services, and consumer discretionary companies. By targeting attractively valued businesses within the MSCI Emerging Markets Index, the fund supports diversification for investors seeking exposure beyond developed markets. Regular quarterly dividends and careful sector allocation further reinforce its dual objective of growth and income, making it a prominent choice for those looking to participate in the economic expansion of emerging economies while also seeking periodic income distributions.
Performance
CDWFX had a total return of 32.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.51%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
33.07% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 9.53% |
| Tencent Holdings Limited | 0700 | 4.57% |
| Alibaba Group Holding Limited | 9988 | 3.21% |
| SK hynix Inc. | 000660 | 3.10% |
| Samsung Electronics Co., Ltd. | 005930 | 2.95% |
| Capital Group Central Cash Fund | n/a | 2.25% |
| Hana Financial Group Inc. | 086790 | 2.15% |
| Barrick Mining Corporation | ABX | 1.80% |
| Taiwan Semiconductor Manufacturing Company Limited | TSM | 1.80% |
| Cholamandalam Investment and Finance Company Limited | CHOLAFIN | 1.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 20, 2026 | $0.0279 | Mar 23, 2026 |
| Dec 19, 2025 | $0.1446 | Dec 22, 2025 |
| Sep 22, 2025 | $0.0423 | Sep 23, 2025 |
| Jun 20, 2025 | $0.0939 | Jun 23, 2025 |
| Mar 21, 2025 | $0.0084 | Mar 24, 2025 |
| Dec 20, 2024 | $0.0384 | Dec 23, 2024 |