Expense Ratio History

DWGAX expense ratio history

AMERICAN FUNDS DEVELOPING WORLD GROWTH & INCOME FUND, Class A

Fund company
American Funds
Type
Mutual fund

1.21%

In basis points
121 basis points
Yearly cost per $10,000
$121
Prospectus dated
1 February 2026, filed with the SEC; rounded to 0.01%
Last change
Cut from 1.25% on 1 February 2023

Fee over time

DWGAX expense ratio: 1.43% until 29 Aug 2014, then 1.46%; 1.46% until 1 Feb 2015, then 1.39%; 1.39% until 1 Nov 2015, then 1.35%; 1.35% until 1 Feb 2016, then 1.32%; 1.32% until 1 Jan 2017, then 1.39%; 1.39% until 1 Feb 2017, then 1.33%; 1.33% until 1 Feb 2018, then 1.30%; 1.30% until 1 Feb 2019, then 1.24%; 1.24% until 1 Feb 2020, then 1.30%; 1.30% until 1 Feb 2021, then 1.26%; 1.26% until 1 Aug 2021, then 1.17%; 1.17% until 1 Feb 2022, then 1.25%; 1.25% until 1 Feb 2023, then 1.21%; read at 1.21% on 1 Feb 2026.0.00%0.50%1.00%1.50%2.00%Nov 2013Dec 2015Jan 2018Feb 2020Mar 2022Apr 20241.43% before1.21% from 1 Feb 2023
DWGAX expense ratio: 1.43% until 29 Aug 2014, then 1.46%; 1.46% until 1 Feb 2015, then 1.39%; 1.39% until 1 Nov 2015, then 1.35%; 1.35% until 1 Feb 2016, then 1.32%; 1.32% until 1 Jan 2017, then 1.39%; 1.39% until 1 Feb 2017, then 1.33%; 1.33% until 1 Feb 2018, then 1.30%; 1.30% until 1 Feb 2019, then 1.24%; 1.24% until 1 Feb 2020, then 1.30%; 1.30% until 1 Feb 2021, then 1.26%; 1.26% until 1 Aug 2021, then 1.17%; 1.17% until 1 Feb 2022, then 1.25%; 1.25% until 1 Feb 2023, then 1.21%; read at 1.21% on 1 Feb 2026.0.00%0.50%1.00%1.50%2.00%Nov 2013Jan 2018Mar 20221.43% before1.21% from 1 Feb 2023
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 23 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
DWGAX (this page) Class A 1.21% — 1 Feb 2026
CDWFX Class 529-F-1 1.21% — 1 Feb 2026
RDWAX Class R-1 1.88% — 1 Feb 2026
RDWBX Class R-2 1.86% — 1 Feb 2026
RDWCX Class R-3 1.43% — 1 Feb 2026
RDWEX Class R-4 1.12% — 1 Feb 2026
RDWFX Class R-5 0.83% — 1 Feb 2026
RDWGX Class R-6 0.78% — 1 Feb 2026
— — 2.13% — 1 Feb 2017
DWGCX Class C 1.97% — 1 Feb 2026
DWGFX Class F-1 1.17% — 1 Feb 2026
DWGHX Class F-2 0.88% — 1 Feb 2026
CDWAX Class 529-A 1.22% — 1 Feb 2026
— — 2.24% — 1 Feb 2017
CDWCX Class 529-C 2.01% — 1 Feb 2026
CDWEX Class 529-E 1.39% — 1 Feb 2026
RDEGX Class R-2E 1.56% — 1 Feb 2026
RDWHX Class R-5E 0.94% 0.92% 1 Feb 2026
FDWGX Class F-3 0.78% — 1 Feb 2026
TWDGX Class 529-T 1.25% — 1 Feb 2026
TDWGX Class T 1.21% — 1 Feb 2026
FWDDX Class 529-F-2 0.89% — 1 Feb 2026
FWDGX Class 529-F-3 0.83% — 1 Feb 2026

Every figure we've recorded

DateFeeWhat happened
1 Feb 2026 1.21% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2025 1.21% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2024 1.21% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2023 1.21% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2023 1.21% Cut from 1.25% to 1.21%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2023-01-31
1 Feb 2022 1.25% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2022 1.25% Raised from 1.17% to 1.25%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-01-31
1 Aug 2021 1.17% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-08-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
1 Aug 2021 1.17% Cut from 1.26% to 1.17%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2022-05-02
1 Feb 2021 1.26% In the prospectusTotal annual fund operating expenses in the prospectus dated 2021-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2021 1.26% Cut from 1.30% to 1.26%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2021-01-29
30 Oct 2020 1.30% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-10-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2020 1.30% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2020 1.30% Raised from 1.24% to 1.30%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-02-24
1 Feb 2019 1.24% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2019 1.24% Cut from 1.30% to 1.24%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2019-02-25
1 Feb 2018 1.30% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2018 1.30% Cut from 1.33% to 1.30%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-02-23
7 Apr 2017 1.33% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-04-07 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2017 1.33% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2017 1.33% Cut from 1.39% to 1.33%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2017-02-23
1 Jan 2017 1.39% In the prospectusTotal annual fund operating expenses in the prospectus dated 2017-01-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Jan 2017 1.39% Raised from 1.32% to 1.39%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2017-01-24
1 Feb 2016 1.32% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2016 1.32% Cut from 1.35% to 1.32%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-02-23
1 Nov 2015 1.35% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-11-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Nov 2015 1.35% Cut from 1.39% to 1.35%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2015-11-20
1 Feb 2015 1.39% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-02-01 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
1 Feb 2015 1.39% Cut from 1.46% to 1.39%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2015-02-23
29 Aug 2014 1.46% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-08-29 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
29 Aug 2014 1.46% Raised from 1.43% to 1.46%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2014-09-22
1 Nov 2013 1.43% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-11-01 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 1.21% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$1,473 in fees over 10 years

After fees, $10,000 grows to $14,464.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$124
3 years$386
5 years$669
10 years$1,473

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 19 prospectuses for this share class since 2013. Each one is listed above with a link to the filing.

How we read fees

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