About RDWHX
American Funds Developing World Growth and Income Fund – R-5E is an open-end mutual fund designed to pursue both long-term capital growth and current income. Its primary function is to invest in companies based in developing, or emerging, markets that exhibit potential for future expansion alongside the ability to pay dividends. The fund is broadly diversified, with investments across sectors such as financials, information technology, communication services, consumer discretionary, and materials. As of May 2025, the portfolio holds more than 117 companies and manages assets totaling approximately $1.9 billion.
The fund seeks to strike a balance between growth opportunities associated with emerging economies and the stability provided by dividend-paying firms. While its focus is on emerging markets, it may also have exposure to developed market issuers to enhance diversification. Regular dividends are distributed quarterly, and capital gains, if any, are typically distributed annually. The fund appeals to investors seeking emerging market exposure with a moderate risk profile, as demonstrated by its portfolio turnover and sector allocation. Since its inception in 2014, it has played an important role in offering access to the dynamic opportunities and diversification benefits found in developing regions.
Fund Family Capital Group
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol RDWHX
Share Class Class R-5e
Index MSCI EM (Emerging Markets) NR USD
RDWHX had a total return of 20.11% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.36%.
