American Funds Dvlpg Wld Gr&Inc 529-F-2 (FWDDX)
| Fund Assets | 2.00B |
| Expense Ratio | 0.87% |
| Min. Investment | $250 |
| Turnover | 51.00% |
| Dividend (ttm) | 0.17 |
| Dividend Yield | 1.40% |
| Dividend Growth | -11.00% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 20, 2025 |
| Previous Close | 12.50 |
| YTD Return | 18.28% |
| 1-Year Return | 21.44% |
| 5-Year Return | n/a |
| 52-Week Low | 9.90 |
| 52-Week High | 12.73 |
| Beta (5Y) | n/a |
| Holdings | 134 |
| Inception Date | Oct 30, 2020 |
About FWDDX
The American Funds Developing World Growth and Income Fund 529-F-2 is an open-end mutual fund designed to provide investors with a balance of long-term capital growth and current income. The fund primarily invests in equities from companies located in or significantly exposed to developing countries, focusing on businesses that demonstrate both growth potential and the capacity to pay dividends. With over 91% of its assets allocated to non-U.S. equities as of May 2025, the portfolio is broadly diversified across sectors, including financials, information technology, communication services, and consumer discretionary industries. Managed using a multiple portfolio manager approach, the fund applies rigorous research to identify attractively valued companies in emerging markets. The fund distributes regular dividends quarterly and capital gains annually, catering to those seeking exposure to the opportunities and challenges of developing economies. Since its inception in 2014, the fund has aimed to capture growth trends in global emerging markets while striving to provide a measure of downside resilience through its income-oriented holdings.
Performance
FWDDX had a total return of 21.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.65%.
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 | $0.0962 | Jun 23, 2025 |
| Mar 21, 2025 | $0.0109 | Mar 24, 2025 |
| Dec 20, 2024 | $0.041 | Dec 23, 2024 |
| Sep 23, 2024 | $0.0267 | Sep 24, 2024 |
| Jun 21, 2024 | $0.0737 | Jun 24, 2024 |
| Mar 22, 2024 | $0.013 | Mar 25, 2024 |