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Trending ETFs

Name

As of 03/25/2024

Price

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

$7.14

$46.6 M

6.16%

$0.44

1.31%

Vitals

YTD Return

3.6%

1 yr return

17.5%

3 Yr Avg Return

-2.5%

5 Yr Avg Return

0.7%

Net Assets

$46.6 M

Holdings in Top 10

32.0%

52 WEEK LOW AND HIGH

$7.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.31%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 36.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/25/2024

Price

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

$7.14

$46.6 M

6.16%

$0.44

1.31%

SCEMX - Profile

Distributions

  • YTD Total Return 3.6%
  • 3 Yr Annualized Total Return -2.5%
  • 5 Yr Annualized Total Return 0.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.76%
DIVIDENDS
  • Dividend Yield 6.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    DWS Emerging Markets Fixed Income Fund
  • Fund Family Name
    DWS Funds
  • Inception Date
    Dec 31, 1993
  • Shares Outstanding
    N/A
  • Share Class
    S
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Nicolas Schlotthauer

Fund Description

Main Investments. Under normal circumstances, the fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in high yield bonds (also known as “junk bonds”) and other debt securities issued by governments and corporations in emerging market countries (i.e., the issuer is traded mainly in an emerging market, is organized under the laws of an emerging market country or is a company with more than half of its business in emerging markets) or the return on which is derived primarily from emerging markets.The fund considers “emerging markets” to include, but not to be limited to: (i) the countries or markets that are part of the JP Morgan Emerging Markets Bond (EMBI) Global Diversified Index; or (ii) the countries or markets that are classified as “emerging market and developing economies” by the International Monetary Fund (“IMF”) (World Economic Outlook); or (iii) countries listed as low or middle (both lower middle and higher middle) income by the World Bank, if a country is an emerging market and if such country is not listed in the JP Morgan EMBI Global Diversified Index and if it is not classified as an “emerging market and developing economy” by the IMF.The fund may invest without limit in investment-grade debt securities and in junk bonds, which are those below the fourth credit grade (grade BB/Ba and below) and may include debt securities not currently paying interest and debt securities in default.The fund invests at least 50% of total assets in US dollar-denominated securities.Management process. Portfolio management typically considers a number of factors, including economic and currency outlooks, possible interest rate movements, capital flows, debt levels, inflation trends, credit quality of issuers, security characteristics and changes in supply and demand within global bond markets. Portfolio management may consider environmental, social and governance (ESG) factors, that it believes to be financially material, in its fundamental analysis. In evaluating ESG issues, portfolio management refers to internal securities specific ESG ratings, internal and external ESG research and other factors.Portfolio management may also adjust the duration (a measure of sensitivity to interest rate movements) of the fund’s portfolio, depending on its outlook for interest rates.Securities lending. The fund may lend securities (up to one-third of total assets) to approved institutions, such as registered broker-dealers, pooled investment vehicles, banks and other financial institutions. In connection with such loans, the fund receives liquid collateral in an amount that is based on the type and value of the securities being lent, with riskier securities generally requiring higher levels of collateral.
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SCEMX - Performance

Return Ranking - Trailing

Period SCEMX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.6% -2.8% 93.3% 8.88%
1 Yr 17.5% -3.8% 112.3% 4.28%
3 Yr -2.5%* -13.6% 21.2% 86.35%
5 Yr 0.7%* -8.7% 12.8% 59.12%
10 Yr 1.1%* -5.2% 6.6% 53.18%

* Annualized

Return Ranking - Calendar

Period SCEMX Return Category Return Low Category Return High Rank in Category (%)
2023 4.0% -10.6% 17.8% 65.46%
2022 -24.4% -29.1% -2.4% 90.82%
2021 -5.8% -24.0% 2.7% 29.27%
2020 -0.3% -14.0% 9.7% 70.86%
2019 10.0% -6.4% 13.0% 20.44%

Total Return Ranking - Trailing

Period SCEMX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.6% -2.8% 93.3% 8.88%
1 Yr 17.5% -3.8% 112.3% 4.28%
3 Yr -2.5%* -13.6% 21.2% 86.35%
5 Yr 0.7%* -8.7% 12.8% 59.12%
10 Yr 1.1%* -5.2% 6.6% 53.18%

* Annualized

Total Return Ranking - Calendar

Period SCEMX Return Category Return Low Category Return High Rank in Category (%)
2023 11.1% -0.6% 20.0% 63.49%
2022 -19.3% -27.6% -1.7% 91.50%
2021 -1.4% -18.5% 7.4% 20.91%
2020 4.6% -7.8% 18.0% 60.07%
2019 14.7% -3.0% 23.0% 25.91%

NAV & Total Return History


SCEMX - Holdings

Concentration Analysis

SCEMX Category Low Category High SCEMX % Rank
Net Assets 46.6 M 331 K 14.4 B 78.69%
Number of Holdings 78 4 1833 93.11%
Net Assets in Top 10 15.9 M -134 M 1.25 B 66.56%
Weighting of Top 10 31.96% 5.1% 101.4% 21.52%

Top 10 Holdings

  1. Ivory Coast Government International Bond 4.52%
  2. Eskom Holdings SOC Ltd. 4.48%
  3. Turkiye Government International Bonds 4.07%
  4. Ecopetrol SA 2.95%
  5. Petroleos Mexicanos 2.86%
  6. Republic of Tajikistan International Bond 2.82%
  7. Panama Government International Bonds 2.81%
  8. Senegal Government International Bonds 2.61%
  9. Banque Ouest Africaine de Developpement 2.45%
  10. Banque Ouest Africaine de Developpement 2.39%

Asset Allocation

Weighting Return Low Return High SCEMX % Rank
Bonds
97.52% 0.91% 99.54% 19.34%
Cash
2.48% 0.00% 21.93% 74.10%
Stocks
0.00% -0.01% 93.55% 89.51%
Preferred Stocks
0.00% 0.00% 1.28% 89.18%
Other
0.00% -9.56% 88.17% 75.41%
Convertible Bonds
0.00% 0.00% 8.47% 95.36%

Bond Sector Breakdown

Weighting Return Low Return High SCEMX % Rank
Government
80.75% 0.00% 99.79% 16.56%
Corporate
16.97% 0.00% 93.26% 51.32%
Cash & Equivalents
0.48% 0.00% 23.23% 67.21%
Derivative
0.00% -2.00% 7.35% 62.95%
Securitized
0.00% 0.00% 2.41% 89.40%
Municipal
0.00% 0.00% 0.00% 88.08%

Bond Geographic Breakdown

Weighting Return Low Return High SCEMX % Rank
US
97.52% -42.31% 99.01% 6.56%
Non US
0.00% 0.00% 132.49% 98.36%

SCEMX - Expenses

Operational Fees

SCEMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.31% 0.02% 35.56% 44.08%
Management Fee 0.59% 0.00% 1.10% 22.30%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.02% 0.65% 54.29%

Sales Fees

SCEMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.75% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

SCEMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 2.00% 64.21%

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.

SCEMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 36.00% 0.00% 218.00% 23.40%

SCEMX - Distributions

Dividend Yield Analysis

SCEMX Category Low Category High SCEMX % Rank
Dividend Yield 6.16% 0.00% 22.11% 25.25%

Dividend Distribution Analysis

SCEMX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Quarterly Monthly Monthly

Net Income Ratio Analysis

SCEMX Category Low Category High SCEMX % Rank
Net Income Ratio 4.76% -2.28% 8.00% 19.46%

Capital Gain Distribution Analysis

SCEMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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SCEMX - Fund Manager Analysis

Managers

Nicolas Schlotthauer


Start Date

Tenure

Tenure Rank

Oct 02, 2017

4.66

4.7%

Nicolas Schlotthauer, CEFA, is managing director and portfolio manager of Deutsche Asset Management. He joined Deutsche Asset Management in 2004 with four years of industry experience. Prior to joining, he served as a Currency Strategist at Deka Investments. Previously, he worked as a Senior Economist for Emerging Markets at DekaBank. He got his Master's Degree ("Diplom-Volkswirt") and PhD ("Dr. rer.pol.") in Economics, Julius Maximilian University of Wuerzburg.

Joergen Hartmann


Start Date

Tenure

Tenure Rank

May 25, 2018

4.02

4.0%

Joergen Hartmann, CFA, Director. ■ Joined DWS in 2004. Prior to his current role, he served as a member of the DB Real Estate Group. ■ Senior Emerging Markets Fixed Income Portfolio Manager: Frankfurt. ■ Diplom-Betriebswirt (German Business Administration Master‘s Degree), Goethe University Frankfurt.

Roland Gabert


Start Date

Tenure

Tenure Rank

May 25, 2018

4.02

4.0%

Roland Gabert, Vice President. ■ Joined DWS in 2007. Prior to his current role, he served as a member of the currency team, with focus on emerging markets currencies. Before joining, he worked as an equity trader in international execution at BHF-Bank. ■ Emerging Markets Fixed Income Portfolio Manager: Frankfurt. ■ Completed Bank Training Program (“Bankkaufmann”) at BHF-Bank; Master’s Degree (”Diplom-Betriebswirt“) and MSc in Business Economics, Frankfurt University of Applied Sciences.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 23.87 6.38 6.11