American Funds Developing World Growth and Income Fund Class F-1 (DWGFX)

Fund Assets	2.67B
Expense Ratio	1.198%
Min. Investment	$250
Turnover	54.00%
Dividend (ttm)	0.24
Dividend Yield	1.51%
Dividend Growth	47.14%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 18, 2026

Previous Close	15.84
YTD Return	13.33%
1-Year Return	17.93%
5-Year Return	29.74%
52-Week Low	13.48
52-Week High	16.97
Beta (5Y)	0.89
Holdings	148
Inception Date	Feb 3, 2014

About DWGFX

The primary objective of this fund is to achieve significant capital appreciation over an extended period, complemented by the provision of regular income. Under typical market circumstances, at least four-fifths (80%) of the fund's assets will be dedicated to securities that fit one of the following descriptions: investments in companies operating within emerging economies; those whose primary trading venue is in a developing nation's securities market; instruments valued in the currencies of developing countries; or holdings in companies that, despite their location, derive substantial economic benefit from developing regions.

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

Performance

DWGFX had a total return of 17.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.95%.

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
Sep 18, 2026	$0.0489	Sep 21, 2026
Jun 18, 2026	$0.0298	Jun 22, 2026
Mar 20, 2026	$0.0204	Mar 23, 2026
Dec 19, 2025	$0.1372	Dec 22, 2025
Sep 22, 2025	$0.0363	Sep 23, 2025
Jun 20, 2025	$0.0881	Jun 23, 2025

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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