American Funds Dvlpg Wld Gr&Inc 529-F-3 (FWDGX)
| Fund Assets | 1.98B |
| Expense Ratio | 0.82% |
| Min. Investment | $250 |
| Turnover | 51.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 1.40% |
| Dividend Growth | -10.69% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 20, 2025 |
| Previous Close | 12.72 |
| YTD Return | 23.10% |
| 1-Year Return | 21.50% |
| 5-Year Return | n/a |
| 52-Week Low | 9.90 |
| 52-Week High | 12.88 |
| Beta (5Y) | n/a |
| Holdings | 134 |
| Inception Date | Oct 30, 2020 |
About FWDGX
American Funds Developing World Growth and Income Fund 529-F-3 is an open-end mutual fund specializing in equities from emerging markets. Its primary objective is to provide long-term capital growth alongside current income by investing mainly in companies within developing economies that demonstrate both growth potential and the ability to pay dividends. The fund maintains a diversified portfolio, with the majority of assets allocated to non-U.S. equities—over 90%—and a strong focus on sectors like financials, information technology, and communication services. Fixed income exposure and cash holdings serve as supplementary components, helping balance risk and liquidity. With regular quarterly dividend distributions and capital gains paid annually, the fund is designed to appeal to investors seeking a blend of growth and income sources. The strategy’s emphasis on dividend-paying companies aims to help mitigate the typical volatility associated with emerging markets while maintaining exposure to their long-term growth prospects. Managed by Capital Group since its inception in 2014, this fund plays a significant role for investors looking to access global diversification beyond developed markets, particularly within retirement and education savings plans like 529 accounts.
Performance
FWDGX had a total return of 21.50% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.49%.
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 | $0.0977 | Jun 23, 2025 |
| Mar 21, 2025 | $0.0123 | Mar 24, 2025 |
| Dec 20, 2024 | $0.0423 | Dec 23, 2024 |
| Sep 23, 2024 | $0.0282 | Sep 24, 2024 |
| Jun 21, 2024 | $0.075 | Jun 24, 2024 |
| Mar 22, 2024 | $0.0146 | Mar 25, 2024 |