American Funds Developing World Growth and Income Fund Class F-3 (FDWGX)
| Fund Assets | 2.00B |
| Expense Ratio | 0.76% |
| Min. Investment | $250 |
| Turnover | 51.00% |
| Dividend (ttm) | 0.19 |
| Dividend Yield | 1.50% |
| Dividend Growth | -10.37% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 20, 2025 |
| Previous Close | 12.52 |
| YTD Return | 19.50% |
| 1-Year Return | 21.83% |
| 5-Year Return | 26.14% |
| 52-Week Low | 9.89 |
| 52-Week High | 12.72 |
| Beta (5Y) | n/a |
| Holdings | 134 |
| Inception Date | Jan 27, 2017 |
About FDWGX
American Funds Developing World Growth and Income Fund Class F-3 is a diversified mutual fund designed to deliver both long-term capital appreciation and current income by investing primarily in equities and income-generating securities from developing markets. The fund typically allocates at least 80% of its assets to companies that demonstrate strong earnings and pay dividends, seeking attractively valued businesses with significant exposure to the growth prospects of emerging economies. Managed using a multi-manager approach, the fund's portfolio is built on extensive fundamental research and professional judgment, aiming to balance growth opportunities with income stability. Its holdings span a broad array of sectors, with notable representation in financials, information technology, communication services, and consumer discretionary industries, reflecting the dynamic nature of developing markets. The fund pays regular quarterly dividends and maintains a competitive expense ratio compared to peers. It plays a strategic role for investors seeking diversification beyond developed markets, offering exposure to the long-term potential and evolving landscape of emerging economies while aiming to mitigate some of the volatility traditionally associated with these regions.
Performance
FDWGX had a total return of 21.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.36%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
30.38% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 7.67% |
| Tencent Holdings Limited | 0700 | 3.45% |
| Hana Financial Group Inc. | 086790 | 3.26% |
| Capital Group Central Cash Fund | n/a | 2.93% |
| SK hynix Inc. | 000660 | 2.73% |
| Alibaba Group Holding Limited | BABAF | 2.39% |
| PICC Property and Casualty Company Limited | 2328 | 2.16% |
| MTN Group Limited | MTN | 1.98% |
| Kotak Mahindra Bank Limited | KOTAKBANK | 1.93% |
| Cholamandalam Investment and Finance Company Limited | CHOLAFIN | 1.87% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2025 | $0.0995 | Jun 23, 2025 |
| Mar 21, 2025 | $0.014 | Mar 24, 2025 |
| Dec 20, 2024 | $0.0441 | Dec 23, 2024 |
| Sep 23, 2024 | $0.030 | Sep 24, 2024 |
| Jun 21, 2024 | $0.0768 | Jun 24, 2024 |
| Mar 22, 2024 | $0.0164 | Mar 25, 2024 |