Morningstar

American Funds Developing World Growth and Income Fund Class A DWGAX

Morningstar Medalist Rating
Medalist Rating as of | See Capital Group Investment Hub
  • NAV / 1-Day Return 15.73  /  +0.38 %
  • Total Assets 2.7B
  • Adj. Expense Ratio
    1.210%
  • Expense Ratio 1.210%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Diversified Emerging Mkts
  • Investment Style Large Blend
  • Min. Initial Investment 250
  • Status Open
  • TTM Yield 1.34%
  • Turnover 54%

USD | NAV as of Jul 21, 2026 | 1-Day Return as of Jul 21, 2026, 12:11 AM GMT+0

Morningstar’s Analysis DWGAX

Will DWGAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DWGAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the DWGAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of DWGAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

American Funds Dvlpg Wld Gr&Inc A holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings DWGAX

More DWGAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 42.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Taiwan Semiconductor Manufacturing Co Ltd

12.17 328M
Technology

SK Hynix Inc

10.37 280M
Technology

Samsung Electronics Co Ltd

6.28 169M
Technology

Capital Group Central Cash Fund

3.11 84M
Cash and Equivalents

Tencent Holdings Ltd

2.90 78M
Communication Services

Taiwan Semiconductor Manufacturing Co Ltd ADR

2.30 62M
Technology

MediaTek Inc

2.19 59M
Technology

Hana Financial Group Inc

1.99 54M
Financial Services

Alibaba Group Holding Ltd Ordinary Shares

1.63 44M
Consumer Cyclical

China Resources Land Ltd

1.49 40M
Real Estate

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