American Funds Developing World Growth and Income Fund Class R-3 (RDWCX)
| Fund Assets | 1.89B |
| Expense Ratio | 1.40% |
| Min. Investment | $250 |
| Turnover | 51.00% |
| Dividend (ttm) | 0.12 |
| Dividend Yield | 0.97% |
| Dividend Growth | -16.15% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 20, 2025 |
| Previous Close | 12.40 |
| YTD Return | 19.21% |
| 1-Year Return | 20.22% |
| 5-Year Return | 29.06% |
| 52-Week Low | 9.87 |
| 52-Week High | 12.48 |
| Beta (5Y) | n/a |
| Holdings | 140 |
| Inception Date | Feb 3, 2014 |
About RDWCX
American Funds Developing World Growth and Income Fund – Class R-3 is an open-end mutual fund focused on long-term capital growth and current income by investing primarily in companies located in emerging markets. Managed by Capital Research and Management Company, the fund is designed for investors seeking exposure to developing economies while aiming to balance growth potential with income generation. Its diversified portfolio holds equity securities from a variety of sectors, with heavy allocations to non-U.S. equities—recent figures show over 90% invested outside the United States, predominantly in emerging markets—with additional exposure to cash and non-U.S. bonds. The fund seeks to mitigate some of the risks traditionally associated with emerging markets by targeting companies not only with growth prospects but also with a demonstrated capacity to pay dividends, potentially smoothing returns for shareholders. Regular dividends are distributed quarterly, and the portfolio’s management emphasizes broad regional and sector diversification, spanning financials, information technology, communication services, consumer sectors, and more. With more than 100 holdings, the fund provides access to dynamic global growth drivers while maintaining an income component, supporting its role as a diversification tool within a global or retirement-focused investment strategy.
Performance
RDWCX had a total return of 20.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.19%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
28.19% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 7.26% |
| Capital Group Central Cash Fund | n/a | 3.80% |
| Tencent Holdings Limited | 0700 | 3.22% |
| Hana Financial Group Inc. | 086790 | 2.32% |
| PICC Property and Casualty Company Limited | 2328 | 2.19% |
| Meituan | 3690 | 2.15% |
| Cholamandalam Investment and Finance Company Limited | CHOLAFIN | 1.95% |
| MTN Group Limited | MTN | 1.83% |
| Alibaba Group Holding Limited | BABAF | 1.76% |
| SK hynix Inc. | 000660 | 1.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2025 | $0.0811 | Jun 23, 2025 |
| Dec 20, 2024 | $0.0259 | Dec 23, 2024 |
| Sep 23, 2024 | $0.0129 | Sep 24, 2024 |
| Jun 21, 2024 | $0.0596 | Jun 24, 2024 |
| Mar 22, 2024 | $0.0002 | Mar 25, 2024 |
| Dec 19, 2023 | $0.0458 | Dec 20, 2023 |