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EMERGING MARKETS GROWTH FUND INC
mutual fund
REFGX
Payout Change
Pending
Price as of:
$7.4
+0.01
+0.14%
primary theme
Emerging Markets Equity
share class
REFGX (Mutual Fund)
EMERGING MARKETS GROWTH FUND INC
Payout Change
Pending
Price as of:
$7.4
+0.01
+0.14%
primary theme
Emerging Markets Equity
share class
REFGX (Mutual Fund)
EMERGING MARKETS GROWTH FUND INC
Payout Change
Pending
Price as of:
$7.4
+0.01
+0.14%
primary theme
Emerging Markets Equity
share class
Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
11.3%
1 yr return
19.2%
3 Yr Avg Return
-5.3%
5 Yr Avg Return
3.9%
Net Assets
$1.41 B
Holdings in Top 10
33.1%
52 WEEK LOW AND HIGH
$7.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.74%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 35.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/11/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
REFGX - Profile
Distributions
- YTD Total Return 11.3%
- 3 Yr Annualized Total Return -5.3%
- 5 Yr Annualized Total Return 3.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.99%
- Dividend Yield 1.3%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameEMERGING MARKETS GROWTH FUND INC
-
Fund Family NameCapital Group Fund Group
-
Inception DateMay 30, 1986
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerVictor Kohn
Fund Description
The fund invests primarily in common stock and other equity securities of issuers in developing countries. Developing countries are also known as “emerging markets.” In determining whether an issuer is in a developing country, the fund will consider, among other things, whether the country is generally considered to be a developing country by the international financial community, where the issuer is domiciled and/or the location of the issuer’s principal place of business. Equity securities are securities that exhibit ownership characteristics, including common and preferred stock, securities convertible into common and preferred stock and depository receipts representing ownership in common and preferred stock. Under normal market conditions, the fund invests at least 90% of its net assets in developing country equity securities. These securities are discussed more fully under “Investment objective, strategies and risks.”
The fund may have significant exposure to one or more developing countries. For example, as of December 31, 2023, the fund held more than 30% of its assets in securities of issuers domiciled in China. See the paragraphs captioned “Investing outside the United States,” “Investing in developing countries” and “Exposure to country, region, industry or sector” under “Principal risks” below for a description of risks associated with such investments. More current portfolio holdings information for the fund is available on our website at capitalgroup.com.
The investment adviser uses a system of multiple portfolio managers in managing the fund’s assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers.
The fund relies on the professional judgment of its investment adviser to make decisions about the fund’s portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively valued companies that, in its opinion, represent good, long-term investment opportunities. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.
REFGX - Performance
Return Ranking - Trailing
| Period | REFGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.3% | -12.4% | 34.4% | 74.75% |
| 1 Yr | 19.2% | -3.7% | 47.4% | 83.03% |
| 3 Yr | -5.3%* | -13.0% | 12.6% | 81.92% |
| 5 Yr | 3.9%* | -3.7% | 12.9% | 65.76% |
| 10 Yr | N/A* | -2.2% | 7.3% | 66.40% |
* Annualized
Return Ranking - Calendar
| Period | REFGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.6% | -6.5% | 35.5% | 69.69% |
| 2022 | -25.8% | -50.1% | -2.4% | 64.70% |
| 2021 | -10.8% | -33.1% | 22.5% | 73.78% |
| 2020 | 14.4% | -22.1% | 80.1% | 61.18% |
| 2019 | 16.9% | -0.7% | 42.0% | 58.84% |
Total Return Ranking - Trailing
| Period | REFGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 11.3% | -12.4% | 34.4% | 74.75% |
| 1 Yr | 19.2% | -3.7% | 47.4% | 83.03% |
| 3 Yr | -5.3%* | -13.0% | 12.6% | 81.92% |
| 5 Yr | 3.9%* | -3.7% | 12.9% | 65.76% |
| 10 Yr | N/A* | -2.2% | 7.3% | 65.45% |
* Annualized
Total Return Ranking - Calendar
| Period | REFGX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 8.2% | -2.7% | 42.0% | 75.00% |
| 2022 | -24.8% | -42.2% | 1.9% | 67.87% |
| 2021 | -0.7% | -32.5% | 33.1% | 48.02% |
| 2020 | 21.2% | -20.0% | 81.6% | 38.82% |
| 2019 | 23.8% | 2.3% | 42.0% | 31.40% |
NAV & Total Return History
REFGX - Holdings
Concentration Analysis
| REFGX | Category Low | Category High | REFGX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.41 B | 682 K | 103 B | 32.50% |
| Number of Holdings | 150 | 10 | 7534 | 29.71% |
| Net Assets in Top 10 | 455 M | 290 K | 23.8 B | 33.19% |
| Weighting of Top 10 | 33.14% | 2.9% | 100.2% | 58.80% |
Top 10 Holdings
- TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 8.33%
- TENCENT HOLDINGS LTD 3.84%
- PING AN INSURANCE GROUP CO OF CHINA LTD H 3.59%
- CAPITAL GROUP CENTRAL CASH FUND 2.80%
- INNOVENT BIOLOGICS INC 2.79%
- BEIGENE LTD ADR 2.55%
- NETEASE INC 2.37%
- MAKEMYTRIP LTD 2.37%
- TRIP.COM GROUP LTD ADR 2.29%
- JIANGSU HENGRUI MEDICINE CO LTD A (SSE NORTH) 2.21%
Asset Allocation
| Weighting | Return Low | Return High | REFGX % Rank | |
|---|---|---|---|---|
| Stocks | 97.38% | 0.00% | 107.82% | 47.28% |
| Cash | 2.80% | -2.03% | 16.88% | 27.20% |
| Preferred Stocks | 0.00% | 0.00% | 13.31% | 94.70% |
| Other | 0.00% | -0.46% | 26.93% | 85.08% |
| Convertible Bonds | 0.00% | 0.00% | 7.40% | 86.94% |
| Bonds | 0.00% | 0.00% | 88.10% | 88.42% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | REFGX % Rank | |
|---|---|---|---|---|
| Financial Services | 23.03% | 0.00% | 48.86% | 38.56% |
| Technology | 16.48% | 0.00% | 47.50% | 87.15% |
| Healthcare | 15.93% | 0.00% | 16.53% | 0.71% |
| Communication Services | 11.82% | 0.00% | 39.29% | 16.67% |
| Consumer Cyclical | 11.64% | 0.00% | 48.94% | 54.52% |
| Industrials | 6.87% | 0.00% | 43.53% | 37.99% |
| Basic Materials | 5.69% | 0.00% | 30.03% | 70.76% |
| Consumer Defense | 5.12% | 0.00% | 25.90% | 70.48% |
| Energy | 1.34% | 0.00% | 24.80% | 83.05% |
| Real Estate | 1.23% | 0.00% | 17.15% | 61.58% |
| Utilities | 0.85% | 0.00% | 39.12% | 60.17% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | REFGX % Rank | |
|---|---|---|---|---|
| Non US | 78.37% | 0.00% | 101.28% | 75.45% |
| US | 19.01% | 0.00% | 100.13% | 19.67% |
REFGX - Expenses
Operational Fees
| REFGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.74% | 0.03% | 29.98% | 86.29% |
| Management Fee | 0.62% | 0.00% | 2.00% | 16.20% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 0.85% | N/A |
Sales Fees
| REFGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| REFGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| REFGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 35.00% | 0.00% | 189.00% | 35.27% |
REFGX - Distributions
Dividend Yield Analysis
| REFGX | Category Low | Category High | REFGX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.31% | 0.00% | 9.74% | 61.37% |
Dividend Distribution Analysis
| REFGX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annually | Quarterly | Annual |
Net Income Ratio Analysis
| REFGX | Category Low | Category High | REFGX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.99% | -1.98% | 17.62% | 40.23% |
Capital Gain Distribution Analysis
| REFGX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 21, 2023 | $0.097 | OrdinaryDividend |
| Dec 22, 2022 | $0.081 | OrdinaryDividend |
| Dec 22, 2021 | $0.944 | OrdinaryDividend |
| Dec 22, 2020 | $0.539 | OrdinaryDividend |
| Dec 26, 2019 | $0.127 | OrdinaryDividend |
| Dec 26, 2019 | $0.357 | CapitalGainLongTerm |
REFGX - Fund Manager Analysis
Managers
Victor Kohn
Start Date
Tenure
Tenure Rank
Sep 01, 1994
27.76
27.8%
Victor D. Kohn is an equity portfolio manager at Capital Group. He is president of Capital International, Inc. He has 37 years of investment experience and has been with Capital Group for 36 years. Earlier in his career, as an equity investment analyst at Capital, Victor covered Chile, Argentina and Brazil. Prior to joining Capital, Victor was an analyst in the venture capital group at Montgomery Securities.
F. Chapman Taylor
Start Date
Tenure
Tenure Rank
Jul 01, 2016
5.92
5.9%
F. Chapman Taylor is an equity portfolio manager at Capital Group. As an equity investment analyst at Capital, he covers Asian telecom companies excluding Japan, as well as companies domiciled in Indonesia, the Philippines and New Zealand. He has 28 years of investment experience and has been with Capital Group for 25 years. Before joining Capital, he worked as a consultant with SRI International and Strategic Planning Associates, advising ASEAN, U.S. and U.K. companies on business strategy. He holds an MBA in finance and strategic planning from the Wharton School of the University of Pennsylvania, and a bachelor’s degree in physics and theology from Tulane University. Chapman is based in Washington, D.C.
Eu-Gene Cheah
Start Date
Tenure
Tenure Rank
Jun 01, 2019
3.0
3.0%
Eu-Gene Cheah is an equity portfolio manager at Capital Group. He has 24 years of investment experience, all with Capital Group. Earlier in his career at Capital, he was an equity investment analyst covering pharmaceutical and biotechnology companies globally. He was also a country analyst for Singapore. Before joining Capital, Eu-Gene was a physician in the UK, where he was a Member of the Royal College of Physicians and a Fellow of the Royal College of Ophthalmologists.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 33.71 | 6.64 | 13.42 |
