American Funds Developing World Growth and Income Fund Class F-1 NMFQS:DWGFX

Diversified Emerging Mkts | Capital Group

$14.85

↑ $0.07 (0.47%)

Last Updated: Feb 11, 2026

Fund Information

Fund Category Diversified Emerging Mkts

Fund Family Capital Group

Fund Style Large Blend

ISIN US02630F4072

CUSIP 02630F407

Inception Date 2014-02-03

Domicile United States

Country USA

Fiscal Year End November

NAV Chart

Fund Metrics

Net Assets $2.19 Billion

Share Class Net Assets $19.76 Million

Expense Ratio 1.16%

Expense Ratio Date 2025-02-01

Dividend Yield 0.02%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 6.60%

1-Year Return 38.77%

3-Year Return 14.55%

5-Year Return 3.83%

NAV $14.85

Previous Close Price $14.78

Last Update 2025-12-31

Dividend Information

Dividend Yield 0.02%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About American Funds Developing World Growth and Income Fund Class F-1

Under normal market conditions, the fund will invest at least 80% of its assets in securities that are (1) issued by companies in developing countries; (2) principally traded in the securities markets of developing countries; (3) denominated in developing country currencies; or (4) issued by companies deemed to be suitable for investment by the fund because they have significant economic exposure to developing countries.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 62947.22%

Giant 51.63%

Large 33.70%

Medium 7.63%

Micro 0.25%

Small 0.67%

Value & Growth Metrics

Book-Value Growth % 6.62%

Cash-Flow Growth % 5.23%

Dividend Yield % 2.91%

Historical Earnings % 8.19%

Long-Term Earnings % 11.09%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	1.16%	1.16%	0.00%	0.11%	0.00%
Cash	2.09%	2.25%	0.15%	2.08%	0.00%
Non US Stock	94.95%	94.95%	0.00%	96.33%	99.64%
Not Classified	0.00%	0.00%	0.00%	0.00%	0.00%
Other	0.00%	0.00%	0.00%	0.17%	0.00%
US Stock	1.80%	1.80%	0.00%	2.00%	0.36%

Top Holdings

Name	Weight	Owned	Change
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD	7.89%	-	-
TENCENT HOLDINGS LTD	4.80%	-	-
CAPITAL GROUP CENTRAL CASH FUND	3.46%	-	-
HANA FINANCIAL GROUP INC	2.33%	-	-
TOTALENERGIES SE	2.12%	-	-
CHOLAMANDALAM INVESTMENT AND FINANCE CO LTD	1.75%	-	-
BANK CENTRAL ASIA TBK PT	1.73%	-	-
REDE D'OR SAO LUIZ SA	1.68%	-	-
MAKEMYTRIP LTD	1.65%	-	-
BDO UNIBANK INC	1.64%	-	-
MEITUAN B	2.25%	-	-
PICC PROPERTY CASUALTY CO LTD H	2.44%	-	-
TAIWAN SEMICONDUCTOR MFG CO ADR	1.80%	-	-
NETEASE INC	1.76%	-	-
SK HYNIX INC	1.94%	-	-
ALIBABA GROUP HOLDING LTD	3.15%	-	-
SAMSUNG ELECTRONICS CO LTD	2.72%	-	-
BARRICK MINING CORP (USD)	2.21%	-	-
KOTAK MAHINDRA BANK LTD	1.67%	-	-

See the full breakdown of DWGFX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.00%	92.23%	65.96%	0.00%
Bond Sector	Corporate	0.00%	0.21%	8.07%	0.00%
Bond Sector	Derivative	0.00%	0.84%	0.00%	0.00%
Bond Sector	Government	0.00%	3.94%	25.97%	0.00%
Bond Sector	Municipal	0.00%	0.44%	0.00%	0.00%
Bond Sector	Securitized	0.00%	2.34%	0.00%	0.00%
Cyclical	Basic Materials	6.83%	5.60%	0.00%	6.76%
Cyclical	Consumer Cyclical	9.89%	13.27%	0.00%	12.12%
Cyclical	Financial Services	28.70%	21.94%	0.00%	21.56%
Cyclical	Real Estate	3.07%	1.45%	0.00%	1.23%
Defensive	Consumer Defensive	2.83%	4.36%	0.00%	3.44%
Defensive	Healthcare	3.98%	3.17%	0.00%	3.25%
Defensive	Utilities	0.00%	1.57%	0.00%	2.60%
Sensitive	Communication Services	15.05%	9.60%	0.00%	8.90%
Sensitive	Energy	2.08%	3.70%	0.00%	4.19%
Sensitive	Industrials	6.61%	7.80%	0.00%	7.85%
Sensitive	Technology	20.96%	27.54%	0.00%	28.10%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	11.20%	10.70%	6.27%
Americas	North America	2.24%	3.96%	0.36%
Greater Asia	Asia Developed	31.85%	29.45%	33.12%
Greater Asia	Asia Emerging	43.61%	44.39%	49.02%
Greater Asia	Australasia	0.02%	-	0.01%
Greater Asia	Japan	0.05%	0.24%	-
Greater Europe	Africa/Middle East	6.58%	9.45%	9.65%
Greater Europe	Europe Developed	1.76%	0.82%	0.63%
Greater Europe	Europe Emerging	2.21%	0.30%	0.93%
Greater Europe	United Kingdom	0.48%	0.69%	-

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-20	$0.033	$0.033	USD	-	-	-	-
2024-09-23	$0.019	$0.019	USD	-	2024-09-23	2024-09-24	Quarterly
2024-06-21	$0.066	$0.066	USD	-	2024-06-21	2024-06-24	Quarterly
2024-03-22	$0.007	$0.007	USD	-	2024-03-22	2024-03-25	Quarterly
2023-12-19	$0.052	$0.052	USD	-	2023-12-19	2023-12-20	Quarterly
2023-09-22	$0.044	$0.044	USD	-	2023-09-22	2023-09-25	Quarterly
2023-06-23	$0.072	$0.072	USD	2023-06-23	2023-06-23	2023-06-26	Quarterly
2023-03-24	$0.007	$0.007	USD	2023-03-24	2023-03-24	2023-03-27	Quarterly
2022-12-20	$0.046	$0.046	USD	2022-12-20	2022-12-20	2022-12-21	Quarterly
2022-09-23	$0.022	$0.022	USD	2022-09-23	2022-09-23	2022-09-26	Quarterly
2022-06-24	$0.029	$0.029	USD	2022-06-24	2022-06-24	2022-06-27	Quarterly
2022-03-25	$0.010	$0.010	USD	2022-03-25	2022-03-25	2022-03-28	Quarterly
2021-12-21	$0.047	$0.047	USD	-	2021-12-21	2021-12-22	Quarterly
2021-09-24	$0.036	$0.036	USD	2021-09-24	2021-09-24	2021-09-27	Quarterly
2021-06-25	$0.036	$0.036	USD	2021-06-25	2021-06-25	2021-06-28	Quarterly
2021-03-26	$0.009	$0.009	USD	2021-03-26	2021-03-26	2021-03-29	Quarterly
2020-12-21	$0.035	$0.035	USD	2020-12-21	2020-12-21	2020-12-22	Quarterly
2020-09-18	$0.039	$0.039	USD	2020-09-18	2020-09-18	2020-09-21	Quarterly
2020-06-19	$0.028	$0.028	USD	2020-06-19	2020-06-19	2020-06-22	Quarterly
2020-03-20	$0.005	$0.005	USD	2020-03-20	2020-03-20	2020-03-23	Quarterly
2019-12-23	$0.038	$0.038	USD	2019-12-23	2019-12-23	2019-12-24	Quarterly
2019-09-20	$0.047	$0.047	USD	2019-09-20	2019-09-20	2019-09-23	Quarterly
2019-06-21	$0.115	$0.115	USD	2019-06-21	2019-06-21	2019-06-24	Quarterly
2019-03-22	$0.010	$0.010	USD	2019-03-22	2019-03-22	2019-03-25	Quarterly
2018-12-24	$0.035	$0.035	USD	2018-12-24	2018-12-24	2018-12-26	Quarterly
2018-09-21	$0.048	$0.048	USD	2018-09-21	2018-09-21	2018-09-24	Quarterly
2018-06-22	$0.107	$0.107	USD	2018-06-22	2018-06-22	2018-06-25	Quarterly
2018-03-23	$0.019	$0.019	USD	2018-03-23	2018-03-23	2018-03-26	Quarterly
2017-12-22	$0.056	$0.056	USD	2017-12-22	2017-12-22	2017-12-26	Quarterly
2017-09-22	$0.057	$0.057	USD	2017-09-22	2017-09-22	2017-09-25	Quarterly
2017-06-23	$0.100	$0.100	USD	2017-06-23	2017-06-23	2017-06-26	Quarterly
2017-03-24	$0.020	$0.020	USD	2017-03-24	2017-03-24	2017-03-27	Quarterly
2016-12-23	$0.028	$0.028	USD	2016-12-23	2016-12-23	2016-12-27	Quarterly
2016-09-22	$0.042	$0.042	USD	2016-09-22	2016-09-22	2016-09-23	Quarterly
2016-06-15	$0.089	$0.089	USD	2016-06-15	2016-06-15	2016-06-16	Quarterly
2016-03-16	$0.022	$0.022	USD	2016-03-16	2016-03-16	2016-03-17	Quarterly
2015-12-21	$0.023	$0.023	USD	2015-12-21	2015-12-21	2015-12-22	Quarterly
2015-09-17	$0.073	$0.073	USD	2015-09-16	2015-09-16	2015-09-17	Quarterly
2015-06-18	$0.068	$0.068	USD	2015-06-17	2015-06-17	2015-06-18	Quarterly
2015-03-16	$0.013	$0.013	USD	2015-03-13	2015-03-13	2015-03-16	Quarterly
2014-12-22	$0.010	$0.010	USD	2014-12-19	2014-12-19	2014-12-22	Quarterly
2014-09-22	$0.060	$0.060	USD	2014-09-19	2014-09-19	2014-09-22	Quarterly
2014-06-13	$0.064	$0.064	USD	2014-06-12	2014-06-12	2014-06-13	Other