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.
Fund Family Capital Group
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol RDWGX
Share Class Class R-6
Index MSCI EM (Emerging Markets) NR USD
RDWGX had a total return of 34.47% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.66%.
