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15 important things you should know about DWGAX mutual fund

Updated: September 27, 2020
N/A
Bull Case
  • No Bull case arguments for now!
Bear Case
  • 3-year return below the benchmark
  • 5-year return below the benchmark
  • High expense ratio
  • Sales load and/or distribution fees

Before we start: if you’re looking for DWGAX “stock” price, you can quickly find it out by visiting Finny and typing "DWGAX quote". If you’re looking for a quick scoop on DWGAX "stock" (price chart, key stats, buy or sell analysis and holdings), go to Finny and look for "DWGAX". You’ll get all this info in one place.

Are you looking to buy or sell DWGAX? Or perhaps you’re looking for DWGAX fact sheet, and learn about its alternatives? If so, you came to the right place.

In this DWGAX mutual fund review, we’ll address key questions our readers have been asking us about this fund, above and beyond what you can find in its prospectus, and on Morningstar or Yahoo Finance.

Here is what you’ll be able to find in this review:

  • Fact Sheet: DWGAX performance, returns, expense ratio, holdings and dividend yield;
  • Analysis: DWGAX buy or sell; the pros and cons of investing in DWGAX mutual fund;
  • Alternatives: other ETFs and mutual funds you should consider as alternatives to DWGAX.

And here is the list of questions we’ll answer:

  1. Describe American Funds Developing World Growth and Income Fund; Class A Shares (DWGAX).
  2. What are DWGAX holdings?
  3. What is DWGAX performance? What are DWGAX historical returns?
  4. How many up and down years did DWGAX have historically?
  5. What is DWGAX dividend yield?
  6. What is DWGAX minimum initial investment amount?
  7. What is DWGAX expense ratio?
  8. Does DWGAX have any sales loads or 12b-1 distribution expenses?
  9. What is DWGAX tax efficiency (tax-cost ratio)?
  10. What is DWGAX beta? How would you assess DWGAX risk?
  11. What is DWGAX Sharpe ratio?
  12. What is DWGAX Finny Score? DWGAX buy or sell?
  13. What are the pros of investing in DWGAX? What are DWGAX buy reasons?
  14. What are the cons of investing in DWGAX? What are DWGAX sell reasons?

So let’s start. Scroll down to the question that interests you the most.

Fact Sheet

1. Describe American Funds Developing World Growth and Income Fund; Class A Shares (DWGAX).

The Fund seeks long-term growth of capital while providing current income. The Fund will invest at least 80% of its assets in securities of attractively-valued companies in developing markets with strong earnings that pay dividends. The Adviser expects the countries to be in any of the MSCI emerging markets indices.

2. What are DWGAX top holdings?

DWGAX has 143 stock holdings and 4 bond holdings.

The top 10 holdings represent 28.48% of total assets. Here are the top holdings:

Name Symbol % Assets
Longfor Group Holdings Ltd 00960 4.36%
Tencent Holdings Ltd 00700 3.94%
China Overseas Land & Investment Ltd 00688 3.39%
Ping An Insurance (Group) Co. of China Ltd Class H 02318 3.07%
Taiwan Semiconductor Manufacturing Co Ltd 2330.TW 3.01%
China Resources Land Ltd 01109 2.64%
Sberbank of Russia PJSC ADR SBER 2.42%
AIA Group Ltd 01299.HK 1.97%
BeiGene Ltd ADR BGNE 1.87%
Galaxy Entertainment Group Ltd 00027.HK 1.81%

3. What is DWGAX performance? What are DWGAX historical returns?

DWGAX has generated the following returns:

  • 1-month return is -0.95%;
  • 3-month return is 8.01%;
  • 1-year return is 5.83%;
  • 3-year return is 1.46%;
  • 5-year return is 5.93%.

4. How many up and down years did DWGAX have historically?

In the last 10 years, DWGAX had 8 up years and 2 down years.

DWGAX up and down years

5. What is DWGAX dividend yield?

DWGAX yield is 1.81%.

6. What is DWGAX minimum initial investment amount?

DWGAX minimum initial investment amount is $1.00K.

7. What is DWGAX expense ratio?

DWGAX expense ratio is 1.24%. The expense ratio of a fund is the total percentage of fund assets used for administrative, management, and all other expenses.

DWGAX expenses

8. Does DWGAX have any sales loads or 12b-1 distribution expenses?

DWGAX 12b-1 distribution fee is 0.24. DWGAX front-end sales load is 5.75. DWGAX back-end sales load is 0.

9. What is DWGAX tax efficiency (tax-cost ratio)?

  • 1-year ax cost ratio is 0.32%;
  • 3-year ax cost ratio is 0.47%.
DWGAX tax costs

10. What is DWGAX beta? How would you assess DWGAX risk?

  • 3-year beta is 1.07;
  • 5-year beta is 1.03.
DWGAX Beta

11. What is DWGAX Sharpe ratio?

  • 3-year Sharpe ratio is 0.04;
  • 5-year Sharpe ratio is 0.12.
DWGAX Sharpe ratio

Analysis

12. What is Finny Score? buy or sell?

Finny Score is 0. Our quantitative analysis shows 0 reasons to buy and 4 reasons to sell it, resulting in the Finny Score of 0.

13. What are the pros of investing in DWGAX? What are DWGAX buy reasons?

We don't see any strong reasons to buy DWGAX.

14. What are the cons of investing in DWGAX? What are DWGAX negatives?

The following are DWGAX weaknesses from our perspective:

  • <strong>DWGAX 3-year return</strong> is 1.46%, which is lower than the 3-year return of the benchmark index (MSCI EM NR USD), 1.85%.
  • <strong>DWGAX 5-year return</strong> is 5.93%, which is lower than the 5-year return of the benchmark index (MSCI EM NR USD), 8.49%.
  • <strong>DWGAX expense ratio</strong> is 1.24%, which is not negligible. Is the fund expensive to you, and does it align to your investment strategy?
  • Warning: this fund has a 12b1 and front-end sales fee. The maximum 12b1 fee is 0.24%, while the maximum front-end sales load is 5.75%. A 12b-1 fee is an annual marketing or distribution fee on a mutual fund. Front-end sales load, also known as sales charge, is a fee paid when mutual funds shares are purchased. Those fees are subtracted from your total investable assets.
In the DWGAX review, we covered DWGAX key stats (return, performance, yield, expense ratio, and holdings), buy and sell analysis, and alternative investments. If this review was helpful to you, feel free to check out other mutual fund and ETF reviews.
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