About RDWAX
The American Funds Developing World Growth and Income Fund, Class R-1, is an open-end mutual fund designed to offer investors exposure to companies in developing and emerging markets. Its primary objective is to provide long-term capital growth while generating current income through dividends. The fund achieves this by investing predominantly in non-U.S. equities, with more than 90% of assets allocated to international stocks and a particular focus on sectors such as financials, information technology, consumer discretionary, and communication services. It holds a diversified portfolio of over 117 companies, emphasizing businesses that not only demonstrate strong growth potential but also have the capacity to pay regular dividends. Established in 2014, the fund maintains disciplined portfolio management with annual turnover around 51%. Regular dividends are distributed quarterly, and capital gains are typically paid out annually. This fund plays a significant role for investors seeking diversified exposure to emerging markets, balancing growth opportunities with income generation and broadening the global scope of a traditional investment portfolio.
Fund Family Capital Group
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RDWAX
Share Class Class R-1
Index MSCI EM (Emerging Markets) NR USD
RDWAX had a total return of 40.18% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.20%.
