American Funds Developing World Growth and Income Fund Class R-4 (RDWEX)
| Fund Assets | 1.89B |
| Expense Ratio | 1.10% |
| Min. Investment | $250 |
| Turnover | 51.00% |
| Dividend (ttm) | 0.15 |
| Dividend Yield | 1.20% |
| Dividend Growth | -13.45% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 20, 2025 |
| Previous Close | 12.42 |
| YTD Return | 19.32% |
| 1-Year Return | 20.51% |
| 5-Year Return | 31.07% |
| 52-Week Low | 9.89 |
| 52-Week High | 12.50 |
| Beta (5Y) | n/a |
| Holdings | 140 |
| Inception Date | Feb 3, 2014 |
About RDWEX
The American Funds Developing World Growth and Income Fund Class R-4 is a mutual fund that primarily invests in companies based in developing and emerging market economies. Its central objective is to achieve long-term growth of capital while also providing income, balancing the potential for capital appreciation with dividend generation. The fund maintains a strong emphasis on non-U.S. equities, with over 90% of assets allocated outside the United States, and holds a diversified portfolio spanning more than 117 companies. Key sectors within the portfolio include financials, information technology, communication services, and consumer discretionary, reflecting a strategy that targets industries driving growth across emerging markets. Managed actively since its inception in 2014, the fund tracks benchmarks such as the MSCI Emerging Markets Index and seeks to blend growth opportunities with downside risk management. Regular dividend distributions and annual capital gains payments contribute to its income component, supporting its dual mandate in investors’ globally diversified portfolios.
Performance
RDWEX had a total return of 20.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.51%.
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 | $0.0899 | Jun 23, 2025 |
| Mar 21, 2025 | $0.0048 | Mar 24, 2025 |
| Dec 20, 2024 | $0.035 | Dec 23, 2024 |
| Sep 23, 2024 | $0.0209 | Sep 24, 2024 |
| Jun 21, 2024 | $0.0676 | Jun 24, 2024 |
| Mar 22, 2024 | $0.0077 | Mar 25, 2024 |