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.
Fund Family Capital Group
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FWDDX
Share Class Class 529-f-2
Index MSCI EM (Emerging Markets) NR USD
FWDDX had a total return of 29.85% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.69%.
