American Funds Developing World Growth and Income Fund Class F-1 (DWGFX)
| Fund Assets | 2.39B |
| Expense Ratio | 1.17% |
| Min. Investment | $250 |
| Turnover | 54.00% |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 1.72% |
| Dividend Growth | 111.01% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 15.36 |
| YTD Return | 10.12% |
| 1-Year Return | 41.15% |
| 5-Year Return | 19.84% |
| 52-Week Low | 9.71 |
| 52-Week High | 15.46 |
| Beta (5Y) | n/a |
| Holdings | 139 |
| Inception Date | Feb 3, 2014 |
About DWGFX
American Funds Developing World Growth and Income Fund - Class F-1 is a mutual fund that focuses on companies located in developing or emerging markets. Its primary objective is to achieve long-term capital growth while also providing current income by investing in businesses that demonstrate both the potential for growth and the capacity to pay dividends. The strategy is designed to balance the pursuit of capital appreciation with income generation, aiming to reduce the volatility commonly associated with emerging markets investing. The portfolio is heavily weighted toward non-U.S. equities, comprising over 90% of its assets, and includes holdings in sectors such as financials, information technology, and consumer discretionary. With more than 100 holdings as of May 2025 and over $1.8 billion in assets under management, the fund’s diversified approach supports its goal of capturing growth opportunities across various regions and industries within the developing world. Regular dividends are paid quarterly, and capital gains are distributed annually, further emphasizing its dual focus on growth and income.
Performance
DWGFX had a total return of 41.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.71%.
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 | $0.1372 | Dec 22, 2025 |
| Sep 22, 2025 | $0.0363 | Sep 23, 2025 |
| Jun 20, 2025 | $0.0881 | Jun 23, 2025 |
| Mar 21, 2025 | $0.0028 | Mar 24, 2025 |
| Dec 20, 2024 | $0.0334 | Dec 23, 2024 |
| Sep 23, 2024 | $0.0192 | Sep 24, 2024 |