# EDGAR Filing Document

**Accession Number:** 0001584433
**File Stem:** 0001193125-26-182047
**Filing Date:** 2026-4
**Character Count:** 80664
**Document Hash:** d75c71b332270c09da5c9d912f10eb6a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-182047.hdr.sgml**: 20260427

**ACCESSION NUMBER**: 0001193125-26-182047

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260427

**DATE AS OF CHANGE**: 20260427

**PERIOD START**: 20261130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AMERICAN FUNDS DEVELOPING WORLD GROWTH & INCOME FUND
- **CENTRAL INDEX KEY:** 0001584433

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1130

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22881
- **FILM NUMBER:** 26900880

**BUSINESS ADDRESS:**
- **STREET 1:** 6455 IRVINE CENTER DRIVE
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92618
- **BUSINESS PHONE:** 866-421-2166

**MAIL ADDRESS:**
- **STREET 1:** 6455 IRVINE CENTER DRIVE
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92618

## Series and Classes Contracts Data

### AMERICAN FUNDS DEVELOPING WORLD GROWTH & INCOME FUND (Series ID: S000042909)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000132993 | Class A       | DWGAX           |
| C000132994 | Class 529-F-1 | CDWFX           |
| C000132995 | Class R-1     | RDWAX           |
| C000132996 | Class R-2     | RDWBX           |
| C000132997 | Class R-3     | RDWCX           |
| C000132998 | Class R-4     | RDWEX           |
| C000132999 | Class R-5     | RDWFX           |
| C000133000 | Class R-6     | RDWGX           |
| C000133002 | Class C       | DWGCX           |
| C000133003 | Class F-1     | DWGFX           |
| C000133004 | Class F-2     | DWGHX           |
| C000133005 | Class 529-A   | CDWAX           |
| C000133007 | Class 529-C   | CDWCX           |
| C000133008 | Class 529-E   | CDWEX           |
| C000148422 | Class R-2E    | RDEGX           |
| C000164819 | Class R-5E    | RDWHX           |
| C000180023 | Class F-3     | FDWGX           |
| C000189422 | Class 529-T   | TWDGX           |
| C000189423 | Class T       | TDWGX           |
| C000224601 | Class 529-F-2 | FWDDX           |
| C000224602 | Class 529-F-3 | FWDGX           |

## Nport-Ex

![](imgc9f0d7ba1.jpg)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

**American Funds**<sup>®</sup> **Developing World Growth and** **Income Fund**

Investment portfolio

February 28, 2026

**unaudited**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | |
|:---|:---|:---|
| Common stocks 96.59%<br> **Financials 24.87%**<br>| Shares | Value<br> (000)<br>|
| Hana Financial Group, Inc.  | 722237 | $61153 |
| Axis Bank, Ltd.  | 2530298 | 38490 |
| AIA Group, Ltd.  | 3467400 | 38470 |
| Cholamandalam Investment and Finance Co., Ltd.  | 1805325 | 34346 |
| PICC Property and Casualty Co., Ltd., Class H  | 15171386 | 31396 |
| People's Insurance Co. (Group) of China, Ltd. (The), Class H  | 29603000 | 24255 |
| Abu Dhabi Islamic Bank PJSC  | 3240595 | 22498 |
| Samsung Life Insurance Co., Ltd.  | 140506 | 22465 |
| ICICI Bank, Ltd.  | 1066204 | 16160 |
| ICICI Bank, Ltd. (ADR)  | 195365 | 5961 |
| Grupo Financiero Banorte, SAB de CV, Series O  | 1925264 | 21955 |
| Shriram Finance, Ltd.  | 1585860 | 18816 |
| Samsung Fire & Marine Insurance Co., Ltd.  | 50100 | 18459 |
| Asia Commercial Joint Stock Bank  | 18263408 | 17215 |
| KB Financial Group, Inc. (ADR)  | 81239 | 8937 |
| KB Financial Group, Inc.  | 67069 | 7413 |
| Capitec Bank Holdings, Ltd.  | 53649 | 15982 |
| Abu Dhabi Commercial Bank PJSC  | 3826255 | 15792 |
| Banco BTG Pactual SA, units  | 1215519 | 14525 |
| BSE, Ltd.  | 481833 | 14337 |
| Al Rajhi Banking and Investment Corp., non-registered shares  | 521550 | 14039 |
| Kasikornbank PCL, foreign registered shares  | 2022200 | 13080 |
| Public Bank Bhd.  | 10191400 | 12913 |
| Halyk Savings Bank of Kazakhstan OJSC (GDR) <sup>(a)</sup>  | 205060 | 6634 |
| Halyk Savings Bank of Kazakhstan OJSC (GDR)  | 186396 | 6030 |
| Standard Chartered PLC  | 509146 | 12570 |
| Nova Ljubljanska Banka dd (GDR)  | 228144 | 11888 |
| Guaranty Trust Holding Co. PLC  | 134673110 | 11559 |
| 360 ONE WAM, Ltd.  | 829815 | 10066 |
| Banco Santander (Brasil) SA, units  | 1286915 | 8410 |
| Kotak Mahindra Bank, Ltd.  | 1819906 | 8306 |
| Bank Central Asia Tbk PT  | 19342800 | 8278 |
| Hong Kong Exchanges and Clearing, Ltd.  | 149400 | 8001 |
| BDO Unibank, Inc.  | 3307230 | 7874 |
| China Merchants Bank Co., Ltd., Class H  | 1201000 | 7498 |
| Nu Holdings, Ltd., Class A <sup>(b)</sup>  | 449737 | 6737 |
| Grupo Financiero Inbursa, SAB de CV  | 2556082 | 6501 |
| BNK Financial Group, Inc.  | 449943 | 6234 |
| Saudi National Bank (The)  | 557941 | 6199 |
| City Union Bank, Ltd.  | 1305600 | 4062 |
| Max Financial Services, Ltd. <sup>(b)</sup>  | 157397 | 3137 |
| Sberbank of Russia PJSC <sup>(c)</sup>  | 17138527 | — <br><sup>(d)</sup><br>|
|  |  | 628641 |

---

American Funds Developing World Growth and Income Fund — Page 1 of 7

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Common stocks (continued)<br> **Information technology 24.66%**<br>| Shares | Value<br> (000)<br>|
| Taiwan Semiconductor Manufacturing Co., Ltd.  | 4272000 | $272158 |
| Taiwan Semiconductor Manufacturing Co., Ltd. (ADR)  | 129645 | 48562 |
| SK hynix, Inc.  | 149711 | 110423 |
| Samsung Electronics Co., Ltd.  | 711107 | 107025 |
| MediaTek, Inc.  | 870000 | 53416 |
| Baidu, Inc., Class A <sup>(b)</sup>  | 933650 | 14763 |
| Globant SA <sup>(b)</sup>  | 213066 | 10602 |
| Tokyo Electron, Ltd.  | 23300 | 6566 |
|  |  | 623515 |
| **Communication services 11.11%** |  |  |
| Tencent Holdings, Ltd.  | 1354002 | 89651 |
| NetEase, Inc.  | 1061900 | 24324 |
| NetEase, Inc. (ADR)  | 141169 | 16230 |
| MTN Group, Ltd.  | 3036736 | 39585 |
| Bharti Airtel, Ltd.  | 1337762 | 27634 |
| KT Corp. (ADR)  | 547778 | 13037 |
| KT Corp.  | 212440 | 10112 |
| TIM SA  | 3874852 | 21088 |
| Telkom Indonesia (Persero) Tbk PT, Class B  | 46904100 | 9904 |
| Singapore Telecommunications, Ltd.  | 2364800 | 9422 |
| Indus Towers, Ltd. <sup>(b)</sup>  | 1526713 | 7635 |
| America Movil, SAB de CV, Class B (ADR)  | 183054 | 4763 |
| Indosat Tbk PT  | 25007719 | 3446 |
| NAVER Corp.  | 15131 | 2677 |
| LG Uplus Corp.  | 125354 | 1441 |
|  |  | 280949 |
| **Materials 9.17%** |  |  |
| Barrick Mining Corp.  | 850853 | 43172 |
| Barrick Mining Corp. (CAD denominated)  | 120675 | 6123 |
| Valterra Platinum, Ltd. (ZAR denominated)  | 382138 | 44742 |
| Valterra Platinum, Ltd. (ADR)  | 148053 | 2881 |
| Anhui Conch Cement Co., Ltd., Class H  | 7936500 | 24854 |
| Grupo Mexico, SAB de CV, Series B  | 1647336 | 20951 |
| Saudi Basic Industries Corp., non-registered shares  | 1402004 | 20256 |
| Suzano SA  | 1583983 | 17921 |
| Siam Cement PCL, foreign registered shares  | 2196500 | 15904 |
| Freeport-McMoRan, Inc.  | 189737 | 12917 |
| Pan American Silver Corp.  | 139292 | 9569 |
| Baoshan Iron & Steel Co., Ltd., Class A  | 6020600 | 6323 |
| Loma Negra Compania Industrial Argentina SA (ADR) <sup>(b)</sup>  | 312789 | 3253 |
| Vale SA (ADR), ordinary nominative shares  | 167958 | 2886 |
| Alrosa PJSC <sup>(b)(c)</sup>  | 9682504 | — <br><sup>(d)</sup><br>|
|  |  | 231752 |
| **Consumer discretionary 8.14%** |  |  |
| Alibaba Group Holding, Ltd.  | 3898500 | 71209 |
| H World Group, Ltd. (ADR)  | 490153 | 26860 |
| Fuyao Glass Industry Group Co., Ltd., Class A  | 2179253 | 19200 |
| MercadoLibre, Inc. <sup>(b)</sup>  | 10048 | 17660 |
| PDD Holdings, Inc. (ADR) <sup>(b)</sup>  | 162984 | 16906 |
| Li Ning Co., Ltd.  | 4095500 | 11789 |
| TVS Motor Co., Ltd.  | 222657 | 9471 |
| Vibra Energia SA  | 1287763 | 7516 |

---

American Funds Developing World Growth and Income Fund — Page 2 of 7

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Common stocks (continued)<br> **Consumer discretionary (continued)**<br>| Shares | Value<br> (000)<br>|
| Meituan, Class B <sup>(b)</sup>  | 645400 | $6695 |
| Coupang, Inc., Class A <sup>(b)</sup>  | 293518 | 5600 |
| BYD Co., Ltd., Class A  | 333900 | 4350 |
| Trip.com Group, Ltd. (ADR)  | 65325 | 3437 |
| MakeMyTrip, Ltd. <sup>(b)</sup>  | 45134 | 2549 |
| Eternal, Ltd. <sup>(b)</sup>  | 905989 | 2453 |
|  |  | 205695 |
| **Industrials 6.76%** |  |  |
| Hanwha Aerospace Co., Ltd.  | 34477 | 28641 |
| International Container Terminal Services, Inc.  | 2036050 | 25351 |
| Motiva Infraestrutura de Mobilidade SA  | 7207431 | 23409 |
| Shenzhen Inovance Technology Co., Ltd., Class A  | 1720525 | 18300 |
| Jiangsu Hengli Hydraulic Co., Ltd., Class A  | 869141 | 14304 |
| Rumo SA  | 4496648 | 14008 |
| Contemporary Amperex Technology Co., Ltd., Class A  | 217300 | 10840 |
| LG Corp.  | 144415 | 10812 |
| Kanzhun, Ltd., Class A (ADR)  | 595840 | 9581 |
| Neway Valve (Suzhou) Co., Ltd., Class A  | 737200 | 6022 |
| AirTAC International Group  | 102000 | 3939 |
| Larsen & Toubro, Ltd.  | 77228 | 3632 |
| Wizz Air Holdings PLC <sup>(b)</sup>  | 126781 | 2084 |
|  |  | 170923 |
| **Real estate 3.76%** |  |  |
| China Resources Land, Ltd.  | 10257500 | 41668 |
| Emaar Properties PJSC  | 4255841 | 18770 |
| Embassy Office Parks REIT  | 2601081 | 12152 |
| Longfor Group Holdings, Ltd.  | 5398000 | 6865 |
| Multiplan Empreendimentos Imobiliarios SA  | 949346 | 6519 |
| Prologis Property Mexico, SA de CV, REIT  | 887158 | 4357 |
| Poly Property Services Co., Ltd., Class H  | 610200 | 2499 |
| Corp. Inmobiliaria Vesta, SAB de CV (ADR)  | 62550 | 2297 |
|  |  | 95127 |
| **Health care 3.64%** |  |  |
| Rede D'Or Sao Luiz SA  | 3936572 | 30946 |
| Jiangsu Hengrui Pharmaceutical Co., Ltd., Class A  | 2085639 | 17207 |
| Jiangsu Hengrui Pharmaceutical Co., Ltd., Class H <sup>(b)</sup>  | 661200 | 5620 |
| BeOne Medicines, Ltd. (ADR) <sup>(b)</sup>  | 29686 | 9410 |
| BeOne Medicines, Ltd. <sup>(b)</sup>  | 234946 | 5775 |
| Max Healthcare Institute, Ltd.  | 822668 | 9874 |
| Innovent Biologics, Inc. <sup>(b)</sup>  | 871500 | 9480 |
| Torrent Pharmaceuticals, Ltd.  | 58153 | 2770 |
| Legend Biotech Corp. (ADR) <sup>(b)</sup>  | 41654 | 791 |
|  |  | 91873 |
| **Consumer staples 2.48%** |  |  |
| Godrej Consumer Products, Ltd.  | 1120769 | 14999 |
| Carlsberg A/S, Class B  | 58822 | 9146 |
| Fomento Economico Mexicano, SAB de CV  | 727825 | 8166 |
| Kweichow Moutai Co., Ltd., Class A  | 37473 | 7953 |
| United Spirits, Ltd.  | 491718 | 7463 |
| Tsingtao Brewery Co., Ltd., Class H  | 1080000 | 7316 |

---

American Funds Developing World Growth and Income Fund — Page 3 of 7

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Common stocks (continued)<br> **Consumer staples (continued)**<br>| Shares | Value<br> (000)<br>|
| KT&G Corp.  | 56981 | $6461 |
| Avenue Supermarts, Ltd. <sup>(b)</sup>  | 30000 | 1269 |
|  |  | 62773 |
| **Energy 2.00%** |  |  |
| Petroleo Brasileiro SA PETROBRAS (ADR), ordinary nominative shares  | 1586761 | 26388 |
| Adnoc Gas PLC  | 16912090 | 15655 |
| Qatar Gas Transport Co., Ltd., Nakilat QPSC  | 6300504 | 8531 |
| Rosneft Oil Co. PJSC <sup>(c)</sup>  | 705296 | — <br><sup>(d)</sup><br>|
|  |  | 50574 |
| **Total common stocks** (cost: $1,552,565,000) |  | 2441822 |
| Preferred securities 0.00%<br> **Consumer discretionary 0.00%**<br>|  |  |
| TVS Motor Co., Ltd., 6.00% preferred shares <sup>(b)</sup>  | 691772 | 76 |
| **Total preferred securities** (cost: $67,000) |  | 76 |
| Bonds, notes & other debt instruments 0.96%<br> **Bonds & notes of governments & government agencies outside the U.S. 0.72%**<br> **Brazil 0.72%**<br>| Principal amount<br> (000)<br>|  |
| Brazil (Federative Republic of) 10.00% 1/1/2027  | BRL50,000 | 9525 |
| Brazil (Federative Republic of) 10.00% 1/1/2031  | 48800 | 8531 |
| **Total bonds & notes of governments & government agencies outside the U.S.** |  | 18056 |
| **Corporate bonds and notes 0.24%**<br> **Energy 0.24%**<br>|  |  |
| Borr IHC, Ltd. 10.00% 11/15/2028 <sup>(a)</sup>  | USD5,907 | 6163 |
| **Total bonds, notes & other debt instruments** (cost: $21,543,000) |  | 24219 |
| Short-term securities 3.18%<br> **Money market investments 3.18%**<br>| Shares |  |
| Capital Group Central Cash Fund 3.65% <sup>(e)(f)</sup>  | 805439 | 80544 |
| **Total short-term securities** (cost: $80,543,000) |  | 80544 |
| **Total investment securities 100.73%** (cost: $1,654,718,000) |  | 2546661 |
| **Other assets less liabilities (0.73)%** |  | (18540)<br>|
| **Net assets 100.00%** |  | $2528121 |

---

Investments in affiliates <sup>(f)</sup>

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value at <br>12/1/2025 <br>(000)<br>| Additions <br>(000)<br>| Reductions <br>(000)<br>| Net <br>realized <br>gain (loss) <br>(000)<br>| Net <br>unrealized <br>appreciation <br>(depreciation) <br>(000)<br>| Value at <br>2/28/2026 <br>(000)<br>| Dividend <br>or interest <br>income <br>(000)<br>|
| **Short-term securities 3.18%** | **Short-term securities 3.18%** | **Short-term securities 3.18%** | **Short-term securities 3.18%** | **Short-term securities 3.18%** | **Short-term securities 3.18%** | **Short-term securities 3.18%** | **Short-term securities 3.18%** |
| **Money market investments 3.18%** |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Group Central Cash Fund 3.65% <sup>(e)</sup> <br>| $67933 | &nbsp;&nbsp; $126007 | &nbsp;&nbsp; $113407 | &nbsp;&nbsp; $4 | &nbsp;&nbsp; $7 | &nbsp;&nbsp; $80544 | &nbsp;&nbsp; $565 |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

American Funds Developing World Growth and Income Fund — Page 4 of 7

------

**unaudited**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> Acquired in a transaction exempt from registration under Rule 144A or, for commercial paper, Section 4(a)(2) of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $12,797,000, which represented 0.51% of the net assets of the fund. 

<sup>(b)</sup> Non-income producing.

<sup>(c)</sup> Value determined using significant unobservable inputs.

<sup>(d)</sup> Amount less than one thousand.

<sup>(e)</sup> Rate represents the seven-day yield at 2/28/2026.

<sup>(f)</sup> Affiliate of the fund or part of the same "group of investment companies" as the fund, as defined under the Investment Company Act of 1940, as amended.

Valuation disclosures

------

Capital Research and Management Company ("CRMC"), the fund's investment adviser, values the fund's investments at fair value as defined by accounting principles generally accepted in the United States of America. The net asset value per share is calculated once daily as of the close of regular trading on the New York Stock Exchange, normally 4 p.m. New York time, each day the New York Stock Exchange is open. Security transactions are recorded by the fund as of the date the trades are executed with brokers. Assets and liabilities, including investment securities, denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates supplied by one or more pricing vendors on the valuation date.

**Methods and inputs** — The fund's investment adviser uses the following methods and inputs to establish the fair value of the fund's assets and liabilities. Use of particular methods and inputs may vary over time based on availability and relevance as market and economic conditions evolve.

Equity securities, including depositary receipts, are generally valued at the official closing price of, or the last reported sale price on, the exchange or market on which such securities are traded, as of the close of business on the day the securities are being valued or, lacking any sales, at the last available bid price. Prices for each security are taken from the principal exchange or market on which the security trades.

Fixed-income securities, including short-term securities, are generally valued at evaluated prices obtained from third-party pricing vendors. Vendors value such securities based on one or more of the inputs described in the following table. The table provides examples of inputs that are commonly relevant for valuing particular classes of fixed-income securities in which the fund is authorized to invest. However, these classifications are not exclusive, and any of the inputs may be used to value any other class of fixed-income security.

---

| | |
|:---|:---|
| **Fixed-income class** | **Examples of standard inputs** |
| &nbsp;&nbsp;&nbsp;&nbsp; All | &nbsp;&nbsp;&nbsp; Benchmark yields, transactions, bids, offers, quotations from dealers and <br> trading systems, new issues, spreads and other relationships observed in <br> the markets among comparable securities; and proprietary pricing <br> models such as yield measures calculated using factors such as cash flows, <br> financial or collateral performance and other reference data (collectively <br> referred to as "standard inputs")<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds, notes & loans; convertible securities | Standard inputs and underlying equity of the issuer |
| &nbsp;&nbsp;&nbsp;&nbsp; Bonds & notes of governments & government agencies | Standard inputs and interest rate volatilities |
| &nbsp;&nbsp;&nbsp;&nbsp; Mortgage-backed; asset-backed obligations | &nbsp;&nbsp;&nbsp; Standard inputs and cash flows, prepayment information, default rates, <br> delinquency and loss assumptions, collateral characteristics, credit <br> enhancements and specific deal information<br>|

---

American Funds Developing World Growth and Income Fund — Page 5 of 7

------

**unaudited**

Securities with both fixed-income and equity characteristics, or equity securities traded principally among fixed-income dealers, are generally valued in the manner described for either equity or fixed-income securities, depending on which method is deemed most appropriate by the fund's investment adviser. The Capital Group Central Cash Fund ("CCF"), a fund within the Capital Group Central Fund Series ("Central Funds"), is valued based upon a floating net asset value, which fluctuates with changes in the value of CCF's portfolio securities. The underlying securities are valued based on the policies and procedures in CCF's statement of additional information.

Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the fund's investment adviser are fair valued as determined in good faith under fair valuation guidelines adopted by the fund's investment adviser and approved by the board of trustees as further described. The investment adviser follows fair valuation guidelines, consistent with U.S. Securities and Exchange Commission rules and guidance, to consider relevant principles and factors when making fair value determinations. The investment adviser considers relevant indications of value that are reasonably and timely available to it in determining the fair value to be assigned to a particular security, such as the type and cost of the security, restrictions on resale of the security, relevant financial or business developments of the issuer, actively traded similar or related securities, dealer or broker quotes, conversion or exchange rights on the security, related corporate actions, significant events occurring after the close of trading in the security, and changes in overall market conditions. In addition, the closing prices of equity securities that trade in markets outside U.S. time zones may be adjusted to reflect significant events that occur after the close of local trading but before the net asset value of each share class of the fund is determined. Fair valuations of investments that are not actively trading involve judgment and may differ materially from valuations that would have been used had greater market activity occurred.

**Processes and structure** — The fund's board of trustees has designated the fund's investment adviser to make fair value determinations, subject to board oversight. The investment adviser has established a Joint Fair Valuation Committee (the "Committee") to administer, implement and oversee the fair valuation process and to make fair value decisions. The Committee regularly reviews its own fair value decisions, as well as decisions made under its standing instructions to the investment adviser's valuation team. The Committee reviews changes in fair value measurements from period to period, pricing vendor information and market data, and may, as deemed appropriate, update the fair valuation guidelines to better reflect the results of back testing and address new or evolving issues. Pricing decisions, processes and controls over security valuation are also subject to additional internal reviews facilitated by the investment adviser's global risk management group. The Committee reports changes to the fair valuation guidelines to the board of trustees. The fund's board and audit committee also regularly review reports that describe fair value determinations and methods.

**Classifications** — The fund's investment adviser classifies the fund's assets and liabilities into three levels based on the inputs used to value the assets or liabilities. Level 1 values are based on quoted prices in active markets for identical securities. Level 2 values are based on significant observable market inputs, such as quoted prices for similar securities and quoted prices in inactive markets. Certain securities trading outside the U.S. may transfer between Level 1 and Level 2 due to valuation adjustments resulting from significant market movements following the close of local trading. Level 3 values are based on significant unobservable inputs that reflect the investment adviser's determination of assumptions that market participants might reasonably use in valuing the securities. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. For example, U.S. government securities are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market. The fund's valuation levels as of February 28, 2026, were as follows (dollars in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Investment securities | Investment securities | Investment securities | Investment securities |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Assets:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financials | $608403 | $20238 | $—<br> \*<br>| $628641 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Information technology | 297941 | 325574 |  | 623515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Communication services | 270837 | 10112 |  | 280949 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Materials | 211496 | 20256 | —<br> \*<br>| 231752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consumer discretionary | 205695 |  |  | 205695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrials | 166984 | 3939 |  | 170923 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Real estate | 95127 |  |  | 95127 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health care | 91873 |  |  | 91873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Consumer staples | 62773 |  |  | 62773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy | 42043 | 8531 | —<br> \*<br>| 50574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Preferred securities  |  | 76 |  | 76 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bonds, notes & other debt instruments  |  | 24219 |  | 24219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-term securities | 80544 |  |  | 80544 |
| Total | $2133716 | $412945 | $—<br> \*<br>| $2546661 |

---

\*

Amount less than one thousand.

American Funds Developing World Growth and Income Fund — Page 6 of 7

------

**unaudited**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| **Key to abbreviation(s)** |
| ADR = American Depositary Receipts |
| BRL = Brazilian reais |
| CAD = Canadian dollars |
| GDR = Global Depositary Receipts |
| REIT = Real Estate Investment Trust |
| USD = U.S. dollars |
| ZAR = South African rand |

---

**Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.**

**Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectus and summary prospectus, which can be obtained from your financial professional and should be read carefully before investing. You may also call American Funds Service Company (AFS) at (800) 421-4225 or visit the Capital Group website at capitalgroup.com.**

All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.

Capital Client Group, Inc., member FINRA.© 2026 Capital Group. All rights reserved.

MFGEFP1-100-0426

American Funds Developing World Growth and Income Fund — Page 7 of 7

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** American Funds Developing World Growth & Income Fund

- **b. Investment Company Act file number:** 811-22881

- **c. CIK number of Registrant:** 0001584433

- **d. LEI of Registrant:** 549300KRHQCI1KL8G988

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 6455 Irvine Center Drive

  - **City:** Irvine

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92618-4518

  - **Telephone number:** 9499755000

**Item A.2. Information about the Series.**

- **a. Name of Series:** American Funds Developing World Growth & Income Fund

- **b. EDGAR series identifier (if any):** S000042909

- **c. LEI of Series:** 549300KRHQCI1KL8G988

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-11-30

- **b. Date as of which information is reported:** 2026-02-28

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2587856264.31

**Total Liabilities:** $60445773.39

**Net Assets:** $2527410490.92

**Cash Not Reported:** $4330397.85

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000132993 | 1.73%                | 7.98%                | 4.73%                |
| Class ID C000132994 | 1.79%                | 7.98%                | 4.73%                |
| Class ID C000132995 | 1.63%                | 7.92%                | 4.71%                |
| Class ID C000132996 | 1.65%                | 7.95%                | 4.66%                |
| Class ID C000132997 | 1.67%                | 8.00%                | 4.67%                |
| Class ID C000132998 | 1.75%                | 7.98%                | 4.73%                |
| Class ID C000132999 | 1.75%                | 8.05%                | 4.72%                |
| Class ID C000133000 | 1.76%                | 8.05%                | 4.72%                |
| Class ID C000133002 | 1.62%                | 7.86%                | 4.72%                |
| Class ID C000133003 | 1.73%                | 7.97%                | 4.72%                |
| Class ID C000133004 | 1.81%                | 7.97%                | 4.72%                |
| Class ID C000133005 | 1.73%                | 7.98%                | 4.73%                |
| Class ID C000133007 | 1.68%                | 7.87%                | 4.66%                |
| Class ID C000133008 | 1.75%                | 7.91%                | 4.73%                |
| Class ID C000148422 | 1.72%                | 7.89%                | 4.76%                |
| Class ID C000164819 | 1.74%                | 8.00%                | 4.74%                |
| Class ID C000180023 | 1.69%                | 8.06%                | 4.73%                |
| Class ID C000189422 | 1.71%                | 7.98%                | 4.73%                |
| Class ID C000189423 | 1.80%                | 7.98%                | 4.73%                |
| Class ID C000224601 | 1.73%                | 7.98%                | 4.79%                |
| Class ID C000224602 | 1.75%                | 7.98%                | 4.79%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $10609057.76             | $19965266.62                               |
| Month 2  | $-843458.96              | $175458895.20                              |
| Month 3  | $14065059.28             | $100103474.30                              |

### Schedule of Portfolio Investments

| Name                                           | Title                                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CHINA MERCHANTS BANK CO LTD                    | CHINA MERCHANTS BANK CO LTD H                                 | CUSIP: N/A<br>LEI: 549300MKO5B60FFIHF58       | Long             | EC               | CORP              | CN        |   1201000 | NS      | $7497614.85   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| JIANGSU HENGRUI PHARMACEUTICAL CO LTD          | JIANGSU HENGRUI PHARMACEUTICAL CO LTD CL A (SSE NORTH)        | CUSIP: N/A<br>LEI: 2549003BT1XS3SE3E448       | Long             | EC               | CORP              | CN        |   2085639 | NS      | $17206666.25  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| KWEICHOW MOUTAI CO LTD                         | KWEICHOW MOUTAI CO LTD A (SSE NORTH)                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     37473 | NS      | $7953084.95   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| FUYAO GLASS INDUSTRY GROUP CO LTD              | FUYAO GLASS INDUSTRY GROUP CO LTD CL A (SSE NORTH)            | CUSIP: N/A<br>LEI: 549300AS5CSLWETN0P64       | Long             | EC               | CORP              | CN        |   2179253 | NS      | $19199626.76  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| JIANGSU HENGLI HYDRAULIC CO LTD                | JIANGSU HENGLI HYDRAULIC CO LTD A (SSE NORTH)                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    869141 | NS      | $14304181.78  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWAY VALVE SUZHOU CO LTD                      | NEWAY VALVE SUZHOU CO LTD CL A (SSE NORTH)                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    737200 | NS      | $6021733.74   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| POLY PROPERTY SERVICES CO LTD                  | POLY PROPERTY SERVICES CO LTD H                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    610200 | NS      | $2499016.80   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BEONE MEDICINES LTD                            | BEONE MEDICINES LTD                                           | CUSIP: N/A<br>LEI: 549300JFUK6FRD5MH739       | Long             | EC               | CORP              | US        |    234946 | NS      | $5774997.55   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| TOKYO ELECTRON LTD                             | TOKYO ELECTRON LTD                                            | CUSIP: N/A<br>LEI: 549300H5LSF8DP3RIJ34       | Long             | EC               | CORP              | JP        |     23300 | NS      | $6566343.29   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| BAIDU INC                                      | BAIDU INC A                                                   | CUSIP: N/A<br>LEI: 254900AL64IANZYI1E02       | Long             | EC               | CORP              | CN        |    867800 | NS      | $13721254.19  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| ALIBABA GROUP HOLDING LTD                      | ALIBABA GROUP HOLDING LTD                                     | CUSIP: N/A<br>LEI: 5493001NTNQJDH60PM02       | Long             | EC               | CORP              | HK        |   3898500 | NS      | $71208892.55  | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| KASIKORNBANK PCL                               | KASIKORNBANK PCL FR                                           | CUSIP: N/A<br>LEI: 5493004COSQ54937AW41       | Long             | EC               | CORP              | TH        |   2022200 | NS      | $13080038.62  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| KT CORP                                        | KT CORP ADR                                                   | CUSIP: 48268K101<br>LEI: 9884005ACF8449EANY26 | Long             | EC               | CORP              | KR        |    547778 | NS      | $13037116.40  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC BANK BHD                                | PUBLIC BANK BHD                                               | CUSIP: N/A<br>LEI: 549300L2RSQCVMOHGM20       | Long             | EC               | CORP              | MY        |  10191400 | NS      | $12912773.58  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| QATAR GAS TRANSPORT CO LTD NAKILAT QPSC        | QATAR GAS TRANSPORT CO LTD NAKILAT QPSC                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | QA        |   6300504 | NS      | $8531116.54   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| RUMO SA                                        | RUMO SA                                                       | CUSIP: N/A<br>LEI: 254900TXQFP7CJCGYM66       | Long             | EC               | CORP              | BR        |   4496648 | NS      | $14007893.99  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| REDE D'OR SAO LUIZ SA                          | REDE D'OR SAO LUIZ SA                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |   3936572 | NS      | $30945840.55  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| KB FINANCIAL GROUP INC                         | KB FINANCIAL GROUP INC                                        | CUSIP: N/A<br>LEI: 529900TKE4MXG3Q6GW86       | Long             | EC               | CORP              | KR        |     67069 | NS      | $7413257.56   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA RESOURCES LAND LTD                       | CHINA RESOURCES LAND LTD                                      | CUSIP: N/A<br>LEI: 5299001HL0TU7X15HK51       | Long             | EC               | CORP              | HK        |  10257500 | NS      | $41667733.98  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| AL RAJHI BANKING AND INVESTMENT CORP           | AL RAJHI BANKING AND INVESTMENT CORP                          | CUSIP: N/A<br>LEI: 558600BQZS4Y1DTU8589       | Long             | EC               | CORP              | SA        |    521550 | NS      | $14038569.51  | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| SAUDI NATIONAL BANK/THE                        | SAUDI NATIONAL BANK/THE                                       | CUSIP: N/A<br>LEI: 5586006ZEFQ542K7CY16       | Long             | EC               | CORP              | SA        |    557941 | NS      | $6199245.09   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| KOTAK MAHINDRA BANK LTD                        | KOTAK MAHINDRA BANK LTD                                       | CUSIP: N/A<br>LEI: 335800E6GTTXKHXE2I75       | Long             | EC               | CORP              | IN        |   1819906 | NS      | $8305738.82   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| LARSEN & TOUBRO LTD                            | LARSEN & TOUBRO LTD                                           | CUSIP: N/A<br>LEI: 3358003FR3JIC5FRXA90       | Long             | EC               | CORP              | IN        |     69084 | NS      | $3248782.81   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| LEGEND BIOTECH CORP                            | LEGEND BIOTECH CORP ADR                                       | CUSIP: 52490G102<br>LEI: 254900EIUFZTW136H859 | Long             | EC               | CORP              | US        |     41654 | NS      | $791426.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| LOMA NEGRA COMPANIA INDUSTRIAL ARGENTINA SA    | LOMA NEGRA COMPANIA INDUSTRIAL ARGENTINA SA ADR               | CUSIP: 54150E104<br>LEI: 529900VKOQQJ8U9DDK92 | Long             | EC               | CORP              | AR        |    312789 | NS      | $3253005.60   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| MAX HEALTHCARE INSTITUTE LTD                   | MAX HEALTHCARE INSTITUTE LTD                                  | CUSIP: N/A<br>LEI: 3358005LALYV4GZOYF67       | Long             | EC               | CORP              | IN        |    822668 | NS      | $9874141.03   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| MAX FINANCIAL SERVICES LTD                     | MAX FINANCIAL SERVICES LTD                                    | CUSIP: N/A<br>LEI: 335800Y9FX8XGFB64S40       | Long             | EC               | CORP              | IN        |    157397 | NS      | $3137343.21   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCADOLIBRE INC                               | MERCADOLIBRE INC                                              | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | UY        |     10048 | NS      | $17660163.84  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITAL GROUP CENTRAL CASH FUND                | CAPITAL GROUP CENTRAL CASH FUND                               | CUSIP: 14020B102<br>LEI: 549300YD0SRETB6WWP29 | Long             | STIV             | RF                | US        |    880173 | NS      | $88017294.00  | 3.48%             |  |  |  | No            |                  1 | On Loan: No      |
| MAKEMYTRIP LTD                                 | MAKEMYTRIP LTD                                                | CUSIP: N/A<br>LEI: 529900DNT8HNJ7RYUO60       | Long             | EC               | CORP              | IN        |     45134 | NS      | $2548716.98   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MOTIVA INFRAESTRUTURA DE MOBILIDADE SA         | MOTIVA INFRAESTRUTURA DE MOBILIDADE SA ON                     | CUSIP: N/A<br>LEI: 254900H4EUL83CCQ6781       | Long             | EC               | CORP              | BR        |   7207631 | NS      | $23409159.49  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| MTN GROUP LTD                                  | MTN GROUP LTD                                                 | CUSIP: N/A<br>LEI: 2549009JD6Q6XHZS5E05       | Long             | EC               | CORP              | ZA        |   3036736 | NS      | $39584601.08  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| MULTIPLAN EMPREENDIMENTOS IMOBILIARIOS SA      | MULTIPLAN EMPREENDIMENTOS IMOBILIARIOS SA ON                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    949346 | NS      | $6518478.34   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| NOVA LJUBLJANSKA BANKA DD                      | NOVA LJUBLJANSKA BANKA DD GDR REG S                           | CUSIP: 66980N203<br>LEI: 5493001BABFV7P27OW30 | Long             | EC               | CORP              | SI        |    228144 | NS      | $11888255.28  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| NETEASE INC                                    | NETEASE INC ADR                                               | CUSIP: 64110W102<br>LEI: 5299004AF4DSJDB0PA32 | Long             | EC               | CORP              | CN        |    141169 | NS      | $16230199.93  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| NU HOLDINGS LTD                                | NU HOLDINGS LTD CL A                                          | CUSIP: N/A<br>LEI: 5493002DG1RHWK9W2X27       | Long             | EC               | CORP              | BR        |    449737 | NS      | $6737060.26   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| BEONE MEDICINES LTD                            | BEONE MEDICINES LTD ADR                                       | CUSIP: 07725L102<br>LEI: 549300JFUK6FRD5MH739 | Long             | EC               | CORP              | US        |     29686 | NS      | $9410165.14   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| 360 ONE WAM LTD                                | 360 ONE WAM LTD                                               | CUSIP: N/A<br>LEI: 335800DDYMCDBO5OLL32       | Long             | EC               | CORP              | IN        |    829815 | NS      | $10066185.78  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| PAN AMERICAN SILVER CORP                       | PAN AMERICAN SILVER CORP (USD)                                | CUSIP: 697900108<br>LEI: 549300MKTF5851TYIB83 | Long             | EC               | CORP              | CA        |    139292 | NS      | $9569360.40   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| PETROLEO BRASILEIRO SA - PETROBRAS             | PETROLEO BRASILEIRO ON ADR (PETROBRAS)                        | CUSIP: 71654V408<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |   1586761 | NS      | $26387835.43  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PDD HOLDINGS INC                               | PDD HOLDINGS INC ADR                                          | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | IE        |    162984 | NS      | $16906330.32  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| BANCO SANTANDER (BRASIL) SA                    | BANCO SANTANDER BRASIL SA UNIT PREF (1 SANB3 + 1 SANB4)       | CUSIP: N/A<br>LEI: 549300D1H731B30TSI43       | Long             | EC               | CORP              | BR        |   1286915 | OU      | $8409568.42   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| SBERBANK OF RUSSIA PJSC                        | SBERBANK OF RUSSIA PJSC (MOEX USD)                            | CUSIP: N/A<br>LEI: 549300WE6TAF5EEWQS81       | Long             | EC               | CORP              | RU        |   3235447 | NS      | $0.32         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| SIAM CEMENT PCL/THE                            | SIAM CEMENT PCL/THE FR                                        | CUSIP: N/A<br>LEI: 254900RMCZY0X6F2KB70       | Long             | EC               | CORP              | TH        |   2196500 | NS      | $15903861.63  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| SHRIRAM FINANCE LTD                            | SHRIRAM FINANCE LTD                                           | CUSIP: N/A<br>LEI: 335800TM2YO24B76XL26       | Long             | EC               | CORP              | IN        |   1585860 | NS      | $18815650.06  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| STANDARD CHARTERED PLC                         | STANDARD CHARTERED PLC                                        | CUSIP: N/A<br>LEI: U4LOSYZ7YG4W3S5F2G91       | Long             | EC               | CORP              | GB        |    509146 | NS      | $12570279.06  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| SINGAPORE TELECOMMUNICATIONS LTD               | SINGAPORE TELECOM LTD                                         | CUSIP: N/A<br>LEI: 2549003XJKIQO8YDYD89       | Long             | EC               | CORP              | SG        |   2364800 | NS      | $9422556.72   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| SUZANO SA                                      | SUZANO SA ON                                                  | CUSIP: N/A<br>LEI: 39120001KULK7200U106       | Long             | EC               | CORP              | BR        |   1583983 | NS      | $17920806.40  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| TRIP.COM GROUP LTD                             | TRIP.COM GROUP LTD ADR                                        | CUSIP: 89677Q107<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | SG        |     65325 | NS      | $3437401.50   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| TIM SA                                         | TIM SA                                                        | CUSIP: N/A<br>LEI: 529900QI0CH1DN5ZCS77       | Long             | EC               | CORP              | BR        |   3874852 | NS      | $21088144.11  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| TELKOM INDONESIA PERSERO TBK PT                | TELKOM INDONESIA PERSERO TBK PT CL B                          | CUSIP: N/A<br>LEI: 529900M5SQZAOKV1PC81       | Long             | EC               | CORP              | ID        |  46904100 | NS      | $9903997.26   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| TORRENT PHARMACEUTICALS LTD                    | TORRENT PHARMACEUTICALS LTD                                   | CUSIP: N/A<br>LEI: 335800NA6HK275RIJE13       | Long             | EC               | CORP              | IN        |     52800 | NS      | $2514922.74   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD      | TAIWAN SEMICONDUCTOR MFG CO ADR                               | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    129645 | NS      | $48562424.10  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| TVS MOTOR CO LTD                               | TVS MOTOR CO LTD                                              | CUSIP: N/A<br>LEI: 335800URVL13UQEWM152       | Long             | EC               | CORP              | IN        |    222657 | NS      | $9470777.19   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED SPIRITS LTD                             | UNITED SPIRITS LTD                                            | CUSIP: N/A<br>LEI: 3358004YFWQVX2EZDE82       | Long             | EC               | CORP              | IN        |    491718 | NS      | $7463093.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| VALE SA                                        | VALE SA ON ADR                                                | CUSIP: 91912E105<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |    167958 | NS      | $2885518.44   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| VALTERRA PLATINUM LTD                          | VALTERRA PLATINUM LTD                                         | CUSIP: N/A<br>LEI: 529900RORCZ0E5S5FX81       | Long             | EC               | CORP              | ZA        |    382138 | NS      | $44741613.36  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| VIBRA ENERGIA SA                               | VIBRA ENERGIA SA                                              | CUSIP: N/A<br>LEI: 549300U7VLJ3SYVNY689       | Long             | EC               | CORP              | BR        |   1287763 | NS      | $7515823.46   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CORP INMOBILIARIA VESTA SAB DE CV              | CORP INMOBILIARIA VESTA SAB DE CV ADR                         | CUSIP: 92540K109<br>LEI: 4469000001BIRIFZJ959 | Long             | EC               | CORP              | MX        |     62550 | NS      | $2297461.50   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| WIZZ AIR HOLDINGS PLC                          | WIZZ AIR HOLDINGS PLC                                         | CUSIP: N/A<br>LEI: 213800COXGZCORLJZA85       | Long             | EC               | CORP              | HU        |    126781 | NS      | $2084448.25   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SK HYNIX INC                                   | SK HYNIX INC                                                  | CUSIP: N/A<br>LEI: 988400XAIK6XISWQV045       | Long             | EC               | CORP              | KR        |    149711 | NS      | $110422920.40 | 4.37%             |  |  |  | No            |                  1 | On Loan: No      |
| SAMSUNG FIRE & MARINE INSURANCE CO LTD         | SAMSUNG FIRE & MARINE INSURANCE CO LTD                        | CUSIP: N/A<br>LEI: 988400JMBDK47EW0Z936       | Long             | EC               | CORP              | KR        |     50100 | NS      | $18458811.26  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| BYD CO LTD                                     | BYD CO LTD A (SZSE NORTH)                                     | CUSIP: N/A<br>LEI: 5299005557VL7ULJ7A69       | Long             | EC               | CORP              | CN        |    333900 | NS      | $4350241.11   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| LG CORP                                        | LG CORP                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    135175 | NS      | $10120505.74  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SAMSUNG ELECTRONICS CO LTD                     | SAMSUNG ELECTRONICS CO LTD                                    | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |    711107 | NS      | $107024445.95 | 4.23%             |  |  |  | No            |                  1 | On Loan: No      |
| HANWHA AEROSPACE CO LTD                        | HANWHA AEROSPACE CO LTD                                       | CUSIP: N/A<br>LEI: 9884001NSUA8FQKQWR25       | Long             | EC               | CORP              | KR        |     34477 | NS      | $28640955.86  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TSINGTAO BREWERY CO LTD                        | TSINGTAO BREWERY CO LTD H                                     | CUSIP: N/A<br>LEI: 300300OJ7D0Q1ESE8L15       | Long             | EC               | CORP              | CN        |   1080000 | NS      | $7316512.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| KT CORP                                        | KT CORP                                                       | CUSIP: N/A<br>LEI: 9884005ACF8449EANY26       | Long             | EC               | CORP              | KR        |    212440 | NS      | $10112144.00  | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| LG UPLUS CORP                                  | LG UPLUS CORP                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    125354 | NS      | $1441331.36   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SAMSUNG LIFE INSURANCE CO LTD                  | SAMSUNG LIFE INSURANCE CO LTD                                 | CUSIP: N/A<br>LEI: 988400VYE6E0WYSM4S92       | Long             | EC               | CORP              | KR        |    140506 | NS      | $22465331.94  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| KT&G CORP                                      | KT&G CORP                                                     | CUSIP: N/A<br>LEI: 988400ZJV6ISYBLQX875       | Long             | EC               | CORP              | KR        |     56981 | NS      | $6460619.46   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| NAVER CORP                                     | NAVER CORP                                                    | CUSIP: N/A<br>LEI: 988400ULUQYDB2HQYJ61       | Long             | EC               | CORP              | KR        |     15131 | NS      | $2676982.62   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| HONG KONG EXCHANGES AND CLEARING LTD           | HONG KONG EXCHANGES AND CLEARING LTD                          | CUSIP: N/A<br>LEI: 213800YTVSXYQN17BW16       | Long             | EC               | CORP              | HK        |    149400 | NS      | $8001457.17   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| TENCENT HOLDINGS LTD                           | TENCENT HOLDINGS LTD                                          | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | CN        |   1354002 | NS      | $89650668.00  | 3.55%             |  |  |  | No            |                  1 | On Loan: No      |
| HANA FINANCIAL GROUP INC                       | HANA FINANCIAL GROUP INC                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    722237 | NS      | $61152913.87  | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ANHUI CONCH CEMENT CO LTD                      | ANHUI CONCH CEMENT CO LTD H                                   | CUSIP: N/A<br>LEI: 529900HS6X8TTV0FHV63       | Long             | EC               | CORP              | CN        |   6140000 | NS      | $19228212.80  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| LONGFOR GROUP HOLDINGS LTD                     | LONGFOR GROUP HOLDINGS LTD                                    | CUSIP: N/A<br>LEI: 254900UJX27B2F1JYR13       | Long             | EC               | CORP              | CN        |   5398000 | NS      | $6865314.31   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| JIANGSU HENGRUI PHARMACEUTICAL CO LTD          | JIANGSU HENGRUI PHARMACEUTICAL CO LTD CL H                    | CUSIP: N/A<br>LEI: 2549003BT1XS3SE3E448       | Long             | EC               | CORP              | CN        |    506000 | NS      | $4301071.15   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| AIA GROUP LTD                                  | AIA GROUP LTD                                                 | CUSIP: N/A<br>LEI: ZP5ILWVSYE4LJGMMVD57       | Long             | EC               | CORP              | HK        |   3467400 | NS      | $38470526.88  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| PEOPLE'S INSURANCE CO GROUP OF CHINA LTD (THE) | PEOPLE'S INSURANCE CO GROUP OF CHINA LTD (THE) CL H           | CUSIP: N/A<br>LEI: 3003000P2JHYHQ524P66       | Long             | EC               | CORP              | CN        |  29603000 | NS      | $24254829.10  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| BNK FINANCIAL GROUP INC                        | BNK FINANCIAL GROUP INC                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    449943 | NS      | $6233829.68   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| AIRTAC INTERNATIONAL GROUP                     | AIRTAC INTERNATIONAL GROUP                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    102000 | NS      | $3938625.37   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| INNOVENT BIOLOGICS INC                         | INNOVENT BIOLOGICS INC                                        | CUSIP: N/A<br>LEI: 25490058ONL9SCIE1R22       | Long             | EC               | CORP              | CN        |    798500 | NS      | $8685782.40   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| SAUDI BASIC INDUSTRIES CORP                    | SAUDI BASIC INDUSTRIES CORP                                   | CUSIP: N/A<br>LEI: 213800ZCTFZZZJSK8645       | Long             | EC               | CORP              | SA        |   1402004 | NS      | $20256479.80  | 0.80%             |  |  |  | No            |                  2 | On Loan: No      |
| PICC PROPERTY & CASUALTY CO LTD                | PICC PROPERTY & CASUALTY CO LTD H                             | CUSIP: N/A<br>LEI: 300300F1000311000017       | Long             | EC               | CORP              | CN        |  15171386 | NS      | $31396162.71  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD      | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD                     | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |   4272000 | NS      | $272157596.51 | 10.77%            |  |  |  | No            |                  2 | On Loan: No      |
| LI NING CO LTD                                 | LI NING CO LTD                                                | CUSIP: N/A<br>LEI: 529900T77L2FV3FZ3U81       | Long             | EC               | CORP              | CN        |   4095500 | NS      | $11789076.36  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| MEDIATEK INC                                   | MEDIATEK INC                                                  | CUSIP: N/A<br>LEI: 254900UEGBK1I4DM4E14       | Long             | EC               | CORP              | TW        |    870000 | NS      | $53416172.95  | 2.11%             |  |  |  | No            |                  2 | On Loan: No      |
| SHENZHEN INOVANCE TECHNOLOGY CO LTD            | SHENZHEN INOVANCE TECHNOLOGY CO LTD A (SZSE NORTH)            | CUSIP: N/A<br>LEI: 836800KA53998FUTIA85       | Long             | EC               | CORP              | CN        |   1720525 | NS      | $18300200.27  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| CONTEMPORARY AMPEREX TECHNOLOGY CO LTD         | CONTEMPORARY AMPEREX TECHNOLOGY CO LTD CL A (SZSE NORTH)      | CUSIP: N/A<br>LEI: 300300KINDY1K0E9I032       | Long             | EC               | CORP              | CN        |    217300 | NS      | $10840435.40  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| MEITUAN                                        | MEITUAN CL B                                                  | CUSIP: N/A<br>LEI: 21380033K525E5JLIA77       | Long             | EC               | CORP              | CN        |    645400 | NS      | $6694558.63   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| NETEASE INC                                    | NETEASE INC                                                   | CUSIP: N/A<br>LEI: 5299004AF4DSJDB0PA32       | Long             | EC               | CORP              | CN        |   1061900 | NS      | $24323501.29  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| BARRICK MINING CORP                            | BARRICK MINING CORP                                           | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |    120675 | NS      | $6122881.68   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ASIA COMMERCIAL JOINT STOCK BANK               | ASIA COMMERCIAL JOINT STOCK BANK                              | CUSIP: N/A<br>LEI: 5493001VSLUXY7LJS086       | Long             | EC               | CORP              | VN        |  18263408 | NS      | $17215076.46  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| ABU DHABI COMMERCIAL BANK PJSC                 | ABU DHABI COMMERCIAL BANK PJSC                                | CUSIP: N/A<br>LEI: 213800RWVKKIRX1AUH58       | Long             | EC               | CORP              | AE        |   3685560 | NS      | $15211633.27  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| EMBASSY OFFICE PARKS REIT                      | EMBASSY OFFICE PARKS REIT (REIT)                              | CUSIP: N/A<br>LEI: 335800O555A557E43Z08       | Long             | EC               | CORP              | IN        |   2601081 | NS      | $12151934.79  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| TVS MOTOR CO LTD                               | TVS MOTOR CO LTD PFD 6.00% 09-01-26 (NOT LISTED OR TRADING)   | CUSIP: N/A<br>LEI: 335800URVL13UQEWM152       | Long             | EP               | CORP              | IN        |    691772 | NS      | $76038.75     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| ETERNAL LTD                                    | ETERNAL LTD                                                   | CUSIP: N/A<br>LEI: 335800T4VOF9ETHF8W59       | Long             | EC               | CORP              | IN        |    905989 | NS      | $2452784.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BORR IHC LTD                                   | BORR DRILLING LTD 144A LIFE SR SEC 1ST LIEN SF 10.0% 11-15-28 | CUSIP: 100018AA8<br>LEI: 254900WQF2MM46DNLY83 | Long             | DBT              | CORP              | US        |   5907327 | PA      | $6162836.82   | 0.24%             | 2028-11-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| FREEPORT-MCMORAN INC                           | FREEPORT-MCMORAN INC                                          | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    189737 | NS      | $12917294.96  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| FOMENTO ECONOMICO MEXICANO SAB DE CV           | FOMENTO ECONOMICO MEX SAB UNIT(EX VISA)                       | CUSIP: N/A<br>LEI: 549300A8MDWDJNMLV153       | Long             | EC               | CORP              | MX        |    727825 | OU      | $8166583.61   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| BRAZIL FEDERATIVE REPUBLIC OF (GOVERNMENT)     | BRAZIL NOTAS DO TESOURO NACIONAL SERIE F BRL 10.0% 01-01-31   | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |     48800 | PA      | $8530957.75   | 0.34%             | 2031-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| BRAZIL FEDERATIVE REPUBLIC OF (GOVERNMENT)     | BRAZIL NOTAS DO TESOURO NACIONAL SERIE F BRL 10.0% 01-01-27   | CUSIP: N/A<br>LEI: 254900ZFY40OYEADAP90       | Long             | DBT              | NUSS              | BR        |     50000 | PA      | $9525273.58   | 0.38%             | 2027-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| PROLOGIS PROPERTY MEXICO SA DE CV              | PROLOGIS PROPERTY MEXICO SA DE CV (REIT)                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |    887158 | NS      | $4356975.01   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| GRUPO FINANCIERO INBURSA SAB DE CV             | GRUPO FINANCIERO INBURSA SAB DE CV                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |   2556082 | NS      | $6500777.59   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| GRUPO FINANCIERO BANORTE SAB DE CV             | GRUPO FINANCIERO BANORTE SAB DE CV CL O                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |   1925264 | NS      | $21954627.63  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| GLOBANT SA                                     | GLOBANT SA                                                    | CUSIP: N/A<br>LEI: 2221008DCMSPYS42DS88       | Long             | EC               | CORP              | LU        |    213066 | NS      | $10602164.16  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| GRUPO MEXICO SAB DE CV                         | GRUPO MEXICO SAB DE CV SER B                                  | CUSIP: N/A<br>LEI: 529900JWLZAYET2ZGW20       | Long             | EC               | CORP              | MX        |   1647336 | NS      | $20950877.02  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| GODREJ CONSUMER PRODUCTS LTD                   | GODREJ CONSUMER PRODUCTS LTD                                  | CUSIP: N/A<br>LEI: 335800P4GUWLGZFK2D63       | Long             | EC               | CORP              | IN        |   1120769 | NS      | $14998818.46  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| GUARANTY TRUST HOLDING CO PLC                  | GUARANTY TRUST HOLDING CO PLC                                 | CUSIP: N/A<br>LEI: 0292004488G9K8Y1I649       | Long             | EC               | CORP              | NG        | 134673110 | NS      | $11559245.17  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| HALYK SAVINGS BANK OF KAZAKHSTAN OJSC          | HALYK SAVINGS BANK OF KAZAKHSTAN OJSC GDR                     | CUSIP: 46627J302<br>LEI: 213800NYDTVQM4SDUD67 | Long             | EC               | CORP              | KZ        |    186396 | NS      | $6029910.60   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| H WORLD GROUP LTD                              | H WORLD GROUP LTD ADR                                         | CUSIP: 44332N106<br>LEI: 549300Y5ML31FVN83730 | Long             | EC               | CORP              | CN        |    490153 | NS      | $26860384.40  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI BANK LTD                                 | ICICI BANK LTD ADR                                            | CUSIP: 45104G104<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |    195365 | NS      | $5960586.15   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI BANK LTD                                 | ICICI BANK LTD                                                | CUSIP: N/A<br>LEI: R7RX8ER1V4666J8D1I38       | Long             | EC               | CORP              | IN        |   1066204 | NS      | $16160137.35  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL CONTAINER TERMINAL SERVICES INC  | INTL CONTAINER TERMINAL SERVICES INC                          | CUSIP: N/A<br>LEI: 254900FU1MWK0I0Q4J61       | Long             | EC               | CORP              | PH        |   2036050 | NS      | $25351320.56  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| INDUS TOWERS LTD                               | INDUS TOWERS LTD                                              | CUSIP: N/A<br>LEI: 335800L6DI4VHODGDK41       | Long             | EC               | CORP              | IN        |   1526713 | NS      | $7634718.72   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| INDOSAT TBK PT                                 | INDOSAT TBK PT                                                | CUSIP: N/A<br>LEI: 254900YJOUDT9FUSHL33       | Long             | EC               | CORP              | ID        |  37875319 | NS      | $5218728.71   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| KB FINANCIAL GROUP INC                         | KB FINANCIAL GROUP INC ADR                                    | CUSIP: 48241A105<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |     81239 | NS      | $8936290.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ABU DHABI ISLAMIC BANK PJSC                    | ABU DHABI ISLAMIC BANK PJSC                                   | CUSIP: N/A<br>LEI: 5493006DOLY8O98XHD74       | Long             | EC               | CORP              | AE        |   3240595 | NS      | $22497698.78  | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| ADNOC GAS PLC                                  | ADNOC GAS PLC                                                 | CUSIP: N/A<br>LEI: 254900O5NS03BDOOM362       | Long             | EC               | CORP              | AE        |  18014814 | NS      | $16675614.98  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| ALROSA PJSC                                    | ALROSA PJSC (USD)                                             | CUSIP: N/A<br>LEI: 894500DKUWVBYZLLE651       | Long             | EC               | CORP              | RU        |   9682504 | NS      | $0.97         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| AMERICA MOVIL SAB DE CV                        | AMERICA MOVIL SAB DE CV CL B ADR                              | CUSIP: 02390A101<br>LEI: 5493000FNR3UCEAONM59 | Long             | EC               | CORP              | MX        |    183054 | NS      | $4763065.08   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| VALTERRA PLATINUM LTD                          | VALTERRA PLATINUM LTD ADR                                     | CUSIP: 03486T202<br>LEI: 529900RORCZ0E5S5FX81 | Long             | EC               | CORP              | ZA        |    148053 | NS      | $2881111.38   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| AXIS BANK LTD                                  | AXIS BANK LTD                                                 | CUSIP: N/A<br>LEI: 549300HVNWMJPOFVNI41       | Long             | EC               | CORP              | IN        |   2530298 | NS      | $38490038.91  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| BARRICK MINING CORP                            | BARRICK MINING CORP (USD)                                     | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |    850853 | NS      | $43172281.22  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK CENTRAL ASIA TBK PT                       | BANK CENTRAL ASIA TBK PT                                      | CUSIP: N/A<br>LEI: 254900BR956G2OHVOM21       | Long             | EC               | CORP              | ID        |  19342800 | NS      | $8278233.82   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| BDO UNIBANK INC                                | BDO UNIBANK INC                                               | CUSIP: N/A<br>LEI: 3FGIIBS1PEI1FYQBGN97       | Long             | EC               | CORP              | PH        |   3307230 | NS      | $7874493.70   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| BANCO BTG PACTUAL SA                           | BANCO BTG PACTUAL SA UNITS (1ON+2PNA)                         | CUSIP: N/A<br>LEI: ZXLTQRYIK6IJH3R0IK66       | Long             | EC               | CORP              | BR        |   1215519 | OU      | $14525054.90  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| BHARTI AIRTEL LTD                              | BHARTI AIRTEL LTD                                             | CUSIP: N/A<br>LEI: 335800KQ1FPKOQ84OR26       | Long             | EC               | CORP              | IN        |   1337762 | NS      | $27634202.63  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BSE LTD                                        | BSE LTD                                                       | CUSIP: N/A<br>LEI: 335800UOTLCPTZQVDA19       | Long             | EC               | CORP              | IN        |    481833 | NS      | $14337479.44  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| KANZHUN LTD                                    | KANZHUN LTD CL A ADR                                          | CUSIP: 48553T106<br>LEI: 254900F4ZCBITP7L0251 | Long             | EC               | CORP              | CN        |    595840 | NS      | $9581107.20   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| CARLSBERG A/S                                  | CARLSBERG A/S CL B                                            | CUSIP: N/A<br>LEI: 5299001O0WJQYB5GYZ19       | Long             | EC               | CORP              | DK        |     58822 | NS      | $9145706.62   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| CHOLAMANDALAM INVESTMENT AND FINANCE CO LTD    | CHOLAMANDALAM INVESTMENT AND FINANCE CO LTD                   | CUSIP: N/A<br>LEI: 3358008DNPV45O4EII52       | Long             | EC               | CORP              | IN        |   1805325 | NS      | $34345848.61  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITEC BANK HOLDINGS LTD                      | CAPITEC BANK HOLDINGS LTD                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ZA        |     53649 | NS      | $15981548.16  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| COUPANG INC                                    | COUPANG INC CL A                                              | CUSIP: 22266T109<br>LEI: 549300XR4L1D80AK4W76 | Long             | EC               | CORP              | US        |    293518 | NS      | $5600323.44   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| CITY UNION BANK LTD                            | CITY UNION BANK LTD                                           | CUSIP: N/A<br>LEI: 33580024M7FWA847JI64       | Long             | EC               | CORP              | IN        |   1305600 | NS      | $4062050.04   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| HALYK SAVINGS BANK OF KAZAKHSTAN OJSC          | HALYK SAVINGS BANK OF KAZAKHSTAN OJSC GDR 144A                | CUSIP: 46627J203<br>LEI: 213800NYDTVQM4SDUD67 | Long             | EC               | CORP              | KZ        |    205060 | NS      | $6633691.00   | 0.26%             |  |  |  | Yes           |                  1 | On Loan: No      |
| ROSNEFT OIL CO PJSC                            | ROSNEFT OIL CO PJSC (USD)                                     | CUSIP: N/A<br>LEI: 253400JT3MQWNDKMJE44       | Long             | EC               | CORP              | RU        |    705296 | NS      | $0.07         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| SBERBANK OF RUSSIA PJSC                        | SBERBANK OF RUSSIA PJSC (USD)                                 | CUSIP: N/A<br>LEI: 549300WE6TAF5EEWQS81       | Long             | EC               | CORP              | RU        |  13903080 | NS      | $1.39         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| ANHUI CONCH CEMENT CO LTD                      | ANHUI CONCH CEMENT CO LTD H REG S                             | CUSIP: N/A<br>LEI: 529900HS6X8TTV0FHV63       | Long             | EC               | CORP              | CN        |   1796500 | NS      | $5625974.64   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| EMAAR PROPERTIES PJSC                          | EMAAR PROPERTIES PJSC                                         | CUSIP: N/A<br>LEI: 254900YWYEXYXK1BMP81       | Long             | EC               | CORP              | AE        |   4255841 | NS      | $18770401.76  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-27

**Name of Applicant:** American Funds Developing World Growth & Income Fund

**Signature:** Scott Lewis

**Name of Signer:** Scott Lewis

**Title:** Compliance Specialist Senior