American Funds Developing World Growth and Income Fund Class C (DWGCX)
| Fund Assets | 2.39B |
| Expense Ratio | 1.97% |
| Min. Investment | $250 |
| Turnover | 54.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 1.21% |
| Dividend Growth | 238.89% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 15.14 |
| YTD Return | 10.04% |
| 1-Year Return | 39.93% |
| 5-Year Return | 15.12% |
| 52-Week Low | 9.63 |
| 52-Week High | 15.23 |
| Beta (5Y) | n/a |
| Holdings | 139 |
| Inception Date | Feb 3, 2014 |
About DWGCX
American Funds Developing World Growth and Income Fund Class C is a mutual fund designed to provide long-term capital growth alongside current income. It primarily invests in companies located in developing, or emerging, markets—regions with higher growth potential but also higher volatility than developed economies. The fund’s strategy emphasizes a balance between seeking growth opportunities and focusing on firms with the ability to pay dividends, aiming to reduce the typical volatility associated with emerging markets investing. Its portfolio consists overwhelmingly of non-U.S. equities, with a broad geographic and sector diversification, and a small allocation to non-U.S. bonds and cash equivalents. Managed by Capital Research and Management Company, the fund leverages fundamental research and benchmarks its performance against the MSCI Emerging Markets Index. Offering regular quarterly dividends and potential capital gains, it supports investors seeking global diversification and exposure to developing world economies, while employing risk-managed approaches to income and capital appreciation.
Performance
DWGCX had a total return of 39.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.06%.
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 |
|---|---|---|
| Dec 19, 2025 | $0.1093 | Dec 22, 2025 |
| Sep 22, 2025 | $0.0093 | Sep 23, 2025 |
| Jun 20, 2025 | $0.0644 | Jun 23, 2025 |
| Dec 20, 2024 | $0.0097 | Dec 23, 2024 |
| Jun 21, 2024 | $0.0443 | Jun 24, 2024 |
| Dec 19, 2023 | $0.0319 | Dec 20, 2023 |