About RDWFX
American Funds Developing World Growth and Income Fund – Class R-5 is a mutual fund focused on achieving long-term capital growth while also providing current income. Managed by Capital Research and Management Company, the fund primarily invests in companies located in emerging and developing markets, targeting businesses with both strong growth prospects and the capacity to pay dividends. The portfolio is broadly diversified, typically holding over 100 individual companies across various regions, with the majority of assets (around 90%) allocated to emerging markets and a smaller portion in developed markets for additional stability.
Sector allocations as of mid-2025 emphasize financials, information technology, communication services, and consumer discretionary, reflecting key drivers of growth in developing economies. The fund pays regular dividends quarterly and distributes capital gains annually, supporting its income objective. With assets under management nearing $1.9 billion as of May 2025, the fund plays a significant role for investors seeking exposure to the expanding potential of emerging markets while maintaining a focus on risk management and income generation.
Fund Family Capital Group
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RDWFX
Share Class Class R-5
Index MSCI EM (Emerging Markets) NR USD
RDWFX had a total return of 34.40% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.55%.
