American Funds Developing World Growth and Income Fund Class F-2 (DWGHX)
| Fund Assets | 2.53B |
| Expense Ratio | 0.88% |
| Min. Investment | $250 |
| Turnover | 54.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 2.31% |
| Dividend Growth | 109.21% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 20, 2026 |
| Previous Close | 13.88 |
| YTD Return | -0.71% |
| 1-Year Return | 26.83% |
| 5-Year Return | 16.57% |
| 52-Week Low | 9.90 |
| 52-Week High | 15.93 |
| Beta (5Y) | n/a |
| Holdings | 139 |
| Inception Date | Feb 3, 2014 |
About DWGHX
American Funds Developing World Growth and Income Fund Class F-2 is a diversified mutual fund focused on companies with significant economic exposure to developing countries. Its primary objective is to deliver both long-term capital growth and current income, aiming to balance the potential for higher returns typical of emerging markets with efforts to reduce volatility. The fund predominantly invests in non-U.S. equities—comprising over 90% of assets—while maintaining a smaller allocation to non-U.S. bonds and cash equivalents. It targets companies that offer growth prospects and the capacity to pay dividends, emphasizing issuers where at least half of assets, revenues, or profits are linked to developing economies. With a broad portfolio of more than 100 holdings, the fund spans key emerging sectors such as financials, information technology, and consumer discretionary. Regular dividend distributions are made quarterly, and the fund maintains a moderate portfolio turnover rate. By blending growth orientation with income generation, the fund serves investors seeking diversified exposure to the evolving global landscape of emerging markets while addressing the unique risks inherent in these regions.
Performance
DWGHX had a total return of 26.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.31%.
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 | $0.031 | Mar 23, 2026 |
| Dec 19, 2025 | $0.1475 | Dec 22, 2025 |
| Sep 22, 2025 | $0.0454 | Sep 23, 2025 |
| Jun 20, 2025 | $0.0964 | Jun 23, 2025 |
| Mar 21, 2025 | $0.011 | Mar 24, 2025 |
| Dec 20, 2024 | $0.0412 | Dec 23, 2024 |