American Funds Developing World Growth and Income Fund Class R-6 (RDWGX)
| Fund Assets | 2.00B |
| Expense Ratio | 0.76% |
| Min. Investment | $250 |
| Turnover | 51.00% |
| Dividend (ttm) | 0.19 |
| Dividend Yield | 1.50% |
| Dividend Growth | -10.41% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 20, 2025 |
| Previous Close | 12.50 |
| YTD Return | 18.34% |
| 1-Year Return | 21.58% |
| 5-Year Return | 25.85% |
| 52-Week Low | 9.90 |
| 52-Week High | 12.73 |
| Beta (5Y) | n/a |
| Holdings | 134 |
| Inception Date | Feb 3, 2014 |
About RDWGX
American Funds Developing World Growth and Income Fund - R-6 is a diversified mutual fund that invests predominantly in companies based in developing countries. The fund’s primary objective is to achieve long-term capital growth while also offering current income through dividends. Its portfolio is composed mainly of non-U.S. equities—over 91%—with a minor allocation to U.S. equities, non-U.S. bonds, and cash equivalents. This approach targets firms located in emerging markets that demonstrate potential for both expansion and reliable dividend payments, spanning a wide range of sectors including financials, information technology, communication services, and consumer discretionary. Managed by American Funds, the R-6 share class is tailored for institutional investors, featuring a competitive expense ratio and no minimum initial investment requirement. The fund distributes regular dividends quarterly and capital gains annually, and it is recognized for offering a balanced strategy that seeks growth potential while mitigating some risks associated with emerging market investments. In the broader financial market, it serves as a vehicle for investors seeking exposure to growth opportunities in developing economies, while striving for some income stability and broad diversification.
Performance
RDWGX had a total return of 21.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.74%.
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 | $0.0995 | Jun 23, 2025 |
| Mar 21, 2025 | $0.014 | Mar 24, 2025 |
| Dec 20, 2024 | $0.0441 | Dec 23, 2024 |
| Sep 23, 2024 | $0.030 | Sep 24, 2024 |
| Jun 21, 2024 | $0.0768 | Jun 24, 2024 |
| Mar 22, 2024 | $0.0164 | Mar 25, 2024 |