American Funds Dvlpg Wld Gr&Inc529-F-1 (CDWFX)

Fund Assets	2.70B
Expense Ratio	1.233%
Min. Investment	$250
Turnover	54.00%
Dividend (ttm)	0.25
Dividend Yield	1.56%
Dividend Growth	52.94%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 18, 2026

Previous Close	16.21
YTD Return	17.11%
1-Year Return	22.77%
5-Year Return	36.75%
52-Week Low	13.46
52-Week High	16.94
Beta (5Y)	0.89
Holdings	148
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.

• Fund Family: Capital Group
• Category: Diversified Emerging Mkts
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: CDWFX
• Share Class: Class 529-f-1
• Index: MSCI EM (Emerging Markets) NR USD

Performance

CDWFX had a total return of 22.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.39%.

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	0.29%
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
Jun 18, 2026	$0.0377	Jun 22, 2026
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

Data Sources: Tiingo, Alpha Vantage, and more

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

Last checked:

Oct 16, 2026

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