Fund Details

Returns LEARN ABOUT THE SYSTEM BEHIND OUR RESULTS

Internal Prompt

Volatility & Return

Volatility & Return chart is not available for funds less than 10 years old.

Internal Prompt

Yield

	12-month
	Distribution Rates	30-day SEC Yield
Fund at NAV	0.49%	0.27%
Fund at MOP	N/A	N/A

As of 4/30/2023 (updated monthly)

Valuation

	Price/	Price/	Price/
	Book	Cash Flow	Earnings
Fund	1.50	6.20	10.65
MSCI Emerging Markets Index	1.40	5.50	12.20

Fund as of 3/31/23. Index as of 3/31/23.

Portfolio Management

Years of Experience with Fund

Years of Experience with Capital Group

Years of Experience with Investment Industry

Arthur Caye 29 19 1

Noriko Honda Chen 32 24 9

Saurav Jain 16 16 4

Victor D. Kohn 38 37 4

F. Chapman Taylor 32 29 9

Lisa Thompson 35 29 1

Arthur Caye	1	19	29
Noriko Honda Chen	9	24	32
Saurav Jain	4	16
Victor D. Kohn	4	37	38
F. Chapman Taylor	9	29	32
Lisa Thompson	1	29	35

A boldface number indicates that years of experience with Capital Group is equal to years of experience with investment industry.

Ratings & Risk

Morningstar Rating ^TM

Overall Morningstar Rating^TM Funds rated(734)
3-yr. Morningstar Rating^TM (734 funds rated)
5-yr. Morningstar Rating^TM (656 funds rated)
10-yr. Morningstar Rating^TM (-- funds rated)	--
Overall Morningstar Risk	Below Average HIGH LOW
Category	Diversified Emerging Mkts

ADVANTAGES AND DISADVANTAGES OF MORNINGSTAR RATINGS

Ratings are based on risk-adjusted returns as of 5/31/2023 (updated monthly).

Risk Measures

Read important investment disclosures

		Fund
Standard Deviation		18.77
Sharpe Ratio		-0.04
For the 5 Years ending 5/31/23 (updated monthly).
American Funds Benchmark		Morningstar Benchmark
MSCI Emerging Markets Index		MSCI ACWI Ex USA NR USD
R-squared	91	87
Beta	0.94	1.01
Capture Ratio (Downside/Upside)	96/91	106/93
American Funds Benchmark for the 5 Years ending 3/31/23 (updated quarterly). Morningstar Benchmark for the 5 Years ending 5/31/23 (updated monthly).
American Funds Benchmark
MSCI Emerging Markets Index
Active Share	80.7%

As of 3/31/23 (updated quarterly)

Holdings

Equities Breakdown

Sectors | Top Industries

Equity Fund Holdings

	Financials 24.1%
	Communication services 14.6%
	Health care 9.9%
	Consumer discretionary 9.8%
	Information technology 9.3%
	Consumer staples 7.2%
	Industrials 6.2%
	Energy 4.1%
	Utilities 4.1%
	Materials 3.7%
	Real estate 1.9%

% of net assets as of 3/31/2023 (updated quarterly)

TSMC

4.6%

Ping An Insurance

3.6%

BeiGene

2.8%

NetEase

2.8%

TIM

2.5%

Hengrui Medicine

2.3%

AIA Group

2.3%

Hana Financial Group

2.2%

TotalEnergies

2.0%

Hypera SA

1.9%

% of net assets as of 4/30/2023 (updated monthly)

QUARTERLY HOLDINGS

Geographic Breakdown

Regions | Top Countries

United States

1.9%

Europe

7.2%

Asia & Pacific Basin

64.8%

Other (Including Canada & Latin America)

21.1%

Cash & equivalents

4.9%

% of net assets as of 3/31/2023 (updated quarterly)

The New Geography of Investing ®

Equity Portion Breakdown by Domicile | Equity Portion Breakdown by Revenue

Regions	Fund	MSCI Emerging Markets Index
United States	2.0%	0.0%
Canada	0.8%	0.0%
Europe	7.0%	0.0%
Japan	1.6%	0.0%
Asia-Pacific ex. Japan	6.9%	0.0%
Emerging Markets	81.6%	100.0%

% of net assets as of 3/31/2023 (updated quarterly)

Regions	Fund	MSCI Emerging Markets Index
United States	1.9%	0.0%
Canada	0.8%	0.0%
Europe	6.7%	0.0%
Japan	1.5%	0.0%
Asia-Pacific ex. Japan	6.5%	0.0%
Emerging Markets	77.5%	100.0%
Cash & Equivalents	4.9%	--
Fixed Income	0.2%	--

% of net assets as of 3/31/2023 (updated quarterly)

Prices & Distributions

Internal Prompt

Historical Prices Month-End
Historical Prices Year-End

FIND HISTORICAL PRICES

Historical Prices Month-End

2023

FIND HISTORICAL PRICES

Historical Prices Year-End

Internal Prompt

Historical Distributions as of 01/26/23

Historical Distributions as of 01/26/23

2022

Record Date	Calculated Date	Pay Date	Income Dividend Regular	Income Dividend Special	Cap. Gains Long-Term	Cap. Gains Short-Term	Reinvest NAV
06/24/22	06/24/22	06/27/22	$0.0118	$0.00	$0.00	$0.00	$9.33
09/23/22	09/23/22	09/26/22	$0.0066	$0.00	$0.00	$0.00	$8.59
12/20/22	12/20/22	12/21/22	$0.0305	$0.00	$0.00	$0.00	$9.25
		2022 Year-to-Date:	Dividends Subtotal: $0.0489		Cap Gains Subtotal: $0.00
			Total Distributions: $0.0489

Rate	As of Date
0.00000000	12/21/2022
0.00000000	12/22/2022
0.00000000	12/23/2022
0.00000000	12/27/2022
0.00000000	12/28/2022
0.00000000	12/29/2022
0.00000000	12/30/2022
0.00000000	01/03/2023
0.00000000	01/04/2023
0.00000000	01/05/2023
0.00000000	01/06/2023
0.00000000	01/09/2023
0.00000000	01/10/2023
0.00000000	01/11/2023
0.00000000	01/12/2023
0.00000000	01/13/2023
0.00000000	01/17/2023
0.00000000	01/18/2023
0.00000000	01/19/2023
0.00000000	01/20/2023
0.00000000	01/23/2023
0.00000000	01/24/2023
0.00000000	01/25/2023
0.00000000	01/26/2023
0.00000000	01/27/2023
0.00000000	01/30/2023
0.00000000	01/31/2023
0.00000000	02/01/2023
0.00000000	02/02/2023
0.00000000	02/03/2023
0.00000000	02/06/2023
0.00000000	02/07/2023
0.00000000	02/08/2023
0.00000000	02/09/2023
0.00000000	02/10/2023
0.00000000	02/13/2023
0.00000000	02/14/2023
0.00000000	02/15/2023
0.00000000	02/16/2023
0.00000000	02/17/2023
0.00000000	02/21/2023
0.00000000	02/22/2023
0.00000000	02/23/2023
0.00000000	02/24/2023
0.00000000	02/27/2023
0.00000000	02/28/2023
0.00000000	03/01/2023
0.00000000	03/02/2023
0.00000000	03/03/2023
0.00000000	03/06/2023
0.00000000	03/07/2023
0.00000000	03/08/2023
0.00000000	03/09/2023
0.00000000	03/10/2023
0.00000000	03/13/2023
0.00000000	03/14/2023
0.00000000	03/15/2023
0.00000000	03/16/2023
0.00000000	03/17/2023
0.00000000	03/20/2023
0.00000000	03/21/2023
0.00000000	03/22/2023
0.00000000	03/23/2023
0.00000000	03/24/2023
0.00000000	03/27/2023
0.00000000	03/28/2023
0.00000000	03/29/2023
0.00000000	03/30/2023
0.00000000	03/31/2023
0.00000000	04/03/2023
0.00000000	04/04/2023
0.00000000	04/05/2023
0.00000000	04/06/2023
0.00000000	04/10/2023
0.00000000	04/11/2023
0.00000000	04/12/2023
0.00000000	04/13/2023
0.00000000	04/14/2023
0.00000000	04/17/2023
0.00000000	04/18/2023
0.00000000	04/19/2023
0.00000000	04/20/2023
0.00000000	04/21/2023
0.00000000	04/24/2023
0.00000000	04/25/2023
0.00000000	04/26/2023
0.00000000	04/27/2023
0.00000000	04/28/2023
0.00000000	05/01/2023
0.00000000	05/02/2023
0.00000000	05/03/2023
0.00000000	05/04/2023
0.00000000	05/05/2023
0.00000000	05/08/2023
0.00000000	05/09/2023
0.00000000	05/10/2023
0.00000000	05/11/2023
0.00000000	05/12/2023
0.00000000	05/15/2023
0.00000000	05/16/2023
0.00000000	05/17/2023
0.00000000	05/18/2023
0.00000000	05/19/2023
0.00000000	05/22/2023
0.00000000	05/23/2023
0.00000000	05/24/2023
0.00000000	05/25/2023
0.00000000	05/26/2023
0.00000000	05/30/2023
0.00000000	05/31/2023
0.00000000	06/01/2023
0.00000000	06/02/2023
0.00000000	06/05/2023
0.00000000	06/06/2023

FIND HISTORICAL DISTRIBUTIONS

Rate		As of-Date
0.00000000		12/21/2022
0.00000000		12/22/2022
0.00000000		12/23/2022
0.00000000		12/27/2022
0.00000000		12/28/2022
0.00000000		12/29/2022
0.00000000		12/30/2022
0.00000000		01/03/2023
0.00000000		01/04/2023
0.00000000		01/05/2023
0.00000000		01/06/2023
0.00000000		01/09/2023
0.00000000		01/10/2023
0.00000000		01/11/2023
0.00000000		01/12/2023
0.00000000		01/13/2023
0.00000000		01/17/2023
0.00000000		01/18/2023
0.00000000		01/19/2023
0.00000000		01/20/2023
0.00000000		01/23/2023
0.00000000		01/24/2023
0.00000000		01/25/2023
0.00000000		01/26/2023
0.00000000		01/27/2023
0.00000000		01/30/2023
0.00000000		01/31/2023
0.00000000		02/01/2023
0.00000000		02/02/2023
0.00000000		02/03/2023
0.00000000		02/06/2023
0.00000000		02/07/2023
0.00000000		02/08/2023
0.00000000		02/09/2023
0.00000000		02/10/2023
0.00000000		02/13/2023
0.00000000		02/14/2023
0.00000000		02/15/2023
0.00000000		02/16/2023
0.00000000		02/17/2023
0.00000000		02/21/2023
0.00000000		02/22/2023
0.00000000		02/23/2023
0.00000000		02/24/2023
0.00000000		02/27/2023
0.00000000		02/28/2023
0.00000000		03/01/2023
0.00000000		03/02/2023
0.00000000		03/03/2023
0.00000000		03/06/2023
0.00000000		03/07/2023
0.00000000		03/08/2023
0.00000000		03/09/2023
0.00000000		03/10/2023
0.00000000		03/13/2023
0.00000000		03/14/2023
0.00000000		03/15/2023
0.00000000		03/16/2023
0.00000000		03/17/2023
0.00000000		03/20/2023
0.00000000		03/21/2023
0.00000000		03/22/2023
0.00000000		03/23/2023
0.00000000		03/24/2023
0.00000000		03/27/2023
0.00000000		03/28/2023
0.00000000		03/29/2023
0.00000000		03/30/2023
0.00000000		03/31/2023
0.00000000		04/03/2023
0.00000000		04/04/2023
0.00000000		04/05/2023
0.00000000		04/06/2023
0.00000000		04/10/2023
0.00000000		04/11/2023
0.00000000		04/12/2023
0.00000000		04/13/2023
0.00000000		04/14/2023
0.00000000		04/17/2023
0.00000000		04/18/2023
0.00000000		04/19/2023
0.00000000		04/20/2023
0.00000000		04/21/2023
0.00000000		04/24/2023
0.00000000		04/25/2023
0.00000000		04/26/2023
0.00000000		04/27/2023
0.00000000		04/28/2023
0.00000000		05/01/2023
0.00000000		05/02/2023
0.00000000		05/03/2023
0.00000000		05/04/2023
0.00000000		05/05/2023
0.00000000		05/08/2023
0.00000000		05/09/2023
0.00000000		05/10/2023
0.00000000		05/11/2023
0.00000000		05/12/2023
0.00000000		05/15/2023
0.00000000		05/16/2023
0.00000000		05/17/2023
0.00000000		05/18/2023
0.00000000		05/19/2023
0.00000000		05/22/2023
0.00000000		05/23/2023
0.00000000		05/24/2023
0.00000000		05/25/2023
0.00000000		05/26/2023
0.00000000		05/30/2023
0.00000000		05/31/2023
0.00000000		06/01/2023
0.00000000		06/02/2023
0.00000000		06/05/2023
0.00000000		06/06/2023

Fees & Expenses

Internal Prompt

Fees


Annual Management Fees	0.65%
Other Expenses	0.52%
Service 12b-1	0.75%

As of each fund's most recent prospectus.

Internal Prompt

Expense Ratio

RDWBX	1.92%
Lipper Emerging Markets Funds Average	--%

Fund as of most recent prospectus. Lipper Category as of -- (updated quarterly).

Resources

	U.S. Equities1.9%		Non-U.S. Equities92.8%
	U.S. Bonds0.0%		Non-U.S. Bonds0.2%
	Cash & Equivalents 5.1%

	U.S. Equities1.9%
	Non-U.S. Equities92.8%
	U.S. Bonds0.0%
	Non-U.S. Bonds0.2%
	Cash & Equivalents 5.1%

Fund Inception	2/03/2014
Fund Assets (millions) As of 4/30/2023	$2,099.1
Companies/Issuers Holdings are as of 3/31/2023 (updated quarterly).	133+
Shareholder Accounts Shareholder accounts are as of 4/30/2023	1,047
Regular Dividends Paid	Mar, Jun, Sep, Dec

Minimum Initial Investment	$0
Capital Gains Paid	Dec
Portfolio Turnover (2022)	45%
Fiscal Year-End	Nov
Prospectus Date	02/01/2023
CUSIP	02630F 85 2
Fund Number	22100

ACCOUNT INFORMATION

Select your location

INVESTMENT OPTIONS

MUTUAL FUND RESOURCES

RETIREMENT

MORE OFFERINGS

OUR APPROACH

LIFE MOMENTS

TOOLS & CALCULATORS

TOPICS

MANAGING YOUR ACCOUNT

OTHER RESOURCES

CAPITAL IDEAS

Investment Fund

American Funds Developing World Growth and Income Fund SM (RDWBX)

Summary

Returns at NAV

Returns with Sales Charge

Returns at NAV

Returns with Sales Charge

Asset Mix

Growth of 10K

High & Low Prices

Growth of 10K

High & Low Prices

Market Capitalization

Morningstar Ownership ZoneTM

Description

Fund Facts

Returns LEARN ABOUT THE SYSTEM BEHIND OUR RESULTS

Month-End Returns as of 5/31/23

Quarter-End Returns as of 3/31/23

Month-End Returns as of 5/31/23

Quarter-End Returns as of 3/31/23

Volatility & Return

Yield

Valuation

Portfolio Management

Ratings & Risk

Morningstar Rating TM

Risk Measures

Holdings

Equities Breakdown

Top Equities

Geographic Breakdown

The New Geography of Investing ®

Fund Breakdown by Domicile

Prices & Distributions

Historical Prices Month-End

Historical Prices Year-End

Historical Prices Month-End

Historical Prices Year-End

Historical Distributions as of 01/26/23

Historical Distributions as of 01/26/23

Fees & Expenses

Fees

Expense Ratio

Resources

Prospectuses & Reports for RDWBX

About Our Funds

American Funds Developing World Growth and Income Fund ^SM (RDWBX)

Morningstar Ownership Zone^TM

Morningstar Rating ^TM