CDWFX — American Funds Developing World Growth & Income Fund
Data updated: 2026-07-29
CDWFX — American Funds Developing World Growth & Income Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Emerging Markets Large Cap Blend / Core Equity · $2.73B AUM · 1.21% expense ratio · 47.9% 1-yr return. From SEC regulatory filings.
CDWFX Fund Overview
CDWFX — American Funds Developing World Growth & Income Fund is a US mutual fund managed by American Funds Developing World Growth & Income Fund, categorised as Emerging Markets Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: American Funds Developing World Growth & Income Fund
- Category: Emerging Markets Large Cap Blend / Core Equity
- Assets under management: $2.73B
- 1-year return: 47.9%
- Ticker: CDWFX
- SEC CIK: 0001584433
- SEC series ID: S000042909
- Share class ID: C000132994
CDWFX Holdings
Top 10 holdings of American Funds Developing World Growth & Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Taiwan Semiconductor Manufacturing Co. Ltd. | 11.76% |
| Sk Hynix, Inc. | 8.98% |
| Samsung Electronics Co. Ltd. | 6.94% |
| Tencent Holdings Ltd. | 2.70% |
| Capital Group Central Cash Fund | 2.29% |
| Alibaba Group Holding Ltd. | 2.08% |
| Mediatek, Inc. | 2.06% |
| Hana Financial Group, Inc. | 2.02% |
| Taiwan Semiconductor Manufacturing Co. Ltd. | 1.99% |
| China Resources Land Ltd. | 1.80% |
CDWFX Portfolio Allocation
Asset-class allocation of American Funds Developing World Growth & Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.1% |
| Cash & Equivalents | 2.3% |
| Fixed Income | 0.9% |
CDWFX Performance
Total returns for CDWFX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 13.1% |
| 1 year | 47.9% |
| 3 years (annualised) | 19.7% |
| 5 years (annualised) | 5.5% |
CDWFX Risk Information
Risk metrics for CDWFX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.2%
CDWFX Costs and Fees
CDWFX costs about $121 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.21%
- Gross expense ratio: 1.21%
- Portfolio turnover: 54%
- Brokerage commissions: 9.42 bps of average net assets (SEC N-CEN)
CDWFX Cashflows
Over the 12 months to 2026-02, American Funds Developing World Growth & Income Fund had net outflows of $19.35M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-02 | $27.36M |
| 2026-01 | $21.65M |
| 2025-12 | $9.74M |
| 2025-11 | −$10.39M |
| 2025-10 | −$21.28M |
| 2025-09 | $498.22K |
CDWFX Debt Constituents
Largest debt holdings of American Funds Developing World Growth & Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Brazil Federative Republic Of (government) | 0.67% |
| Borr Ihc Ltd. | 0.22% |
CDWFX Prospectus and SEC Filings
Official American Funds Developing World Growth & Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Emerging Markets Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.