DWS Short-Term Municipal Bond Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.1%
1 yr return
1.8%
3 Yr Avg Return
-0.5%
5 Yr Avg Return
0.3%
Net Assets
$149 M
Holdings in Top 10
18.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.60%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 105.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
SRMCX - Profile
Distributions
- YTD Total Return -0.1%
- 3 Yr Annualized Total Return -0.5%
- 5 Yr Annualized Total Return 0.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.07%
- Dividend Yield 1.9%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameDWS Short-Term Municipal Bond Fund
-
Fund Family NameDWS Funds
-
Inception DateFeb 28, 2003
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMatthew Caggiano
Fund Description
SRMCX - Performance
Return Ranking - Trailing
Period | SRMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.1% | -5.1% | 9.2% | 10.84% |
1 Yr | 1.8% | -5.0% | 27.9% | 64.74% |
3 Yr | -0.5%* | -11.4% | 2.7% | 16.84% |
5 Yr | 0.3%* | -6.3% | 1101.7% | 73.71% |
10 Yr | 0.2%* | -0.5% | 248.1% | 98.64% |
* Annualized
Return Ranking - Calendar
Period | SRMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.3% | -1.4% | 41.0% | 90.89% |
2022 | -4.4% | -39.7% | 0.3% | 6.53% |
2021 | -0.9% | -5.6% | 6.9% | 68.73% |
2020 | 0.8% | -2.6% | 310.0% | 85.74% |
2019 | 1.6% | 0.0% | 26.0% | 93.52% |
Total Return Ranking - Trailing
Period | SRMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.1% | -5.1% | 9.2% | 10.84% |
1 Yr | 1.8% | -5.0% | 27.9% | 64.74% |
3 Yr | -0.5%* | -11.4% | 2.7% | 16.84% |
5 Yr | 0.3%* | -6.3% | 1101.7% | 73.71% |
10 Yr | 0.2%* | -0.5% | 248.1% | 98.64% |
* Annualized
Total Return Ranking - Calendar
Period | SRMCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.1% | -1.3% | 41.0% | 96.29% |
2022 | -3.8% | -39.7% | 1.1% | 8.91% |
2021 | -0.5% | -4.8% | 23761504.0% | 94.95% |
2020 | 1.6% | -1.5% | 17057.9% | 92.74% |
2019 | 2.5% | 0.2% | 3514.6% | 96.73% |
NAV & Total Return History
SRMCX - Holdings
Concentration Analysis
SRMCX | Category Low | Category High | SRMCX % Rank | |
---|---|---|---|---|
Net Assets | 149 M | 3.22 M | 71.9 B | 78.04% |
Number of Holdings | 144 | 2 | 13067 | 72.56% |
Net Assets in Top 10 | 28.2 M | -317 M | 3.56 B | 79.09% |
Weighting of Top 10 | 18.38% | 2.0% | 100.2% | 48.83% |
Top 10 Holdings
- CALIFORNIA PUBLIC FIN AUTH REVENUE 2.25%
- LOUISIANA ST PUBLIC FACS AUTHSOL WST DISP FAC REVENUE 1.99%
- VIRGINIA ST HSG DEV AUTH CMWLTH MTGE 1.96%
- LAKE CHARLES LA HARBOR TERMINAL DIST 1.90%
- BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE 1.88%
- KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE 1.80%
- LOUISVILLE JEFFERSON CNTY KY MET GOVT POLL CONTROL REVENUE 1.78%
- HOUSTON TX ARPT SYS REVENUE 1.69%
- CONNECTICUT ST HSG FIN AUTH HSG MTGE FIN PROGRAM 1.63%
- HILLSBOROUGH CNTY FL SOL WST RESOURCE RECOVERY REVENUE 1.50%
Asset Allocation
Weighting | Return Low | Return High | SRMCX % Rank | |
---|---|---|---|---|
Bonds | 99.18% | 0.00% | 150.86% | 31.24% |
Cash | 0.06% | -50.86% | 46.80% | 87.51% |
Stocks | 0.00% | 0.00% | 99.81% | 37.52% |
Preferred Stocks | 0.00% | 0.00% | 0.52% | 29.13% |
Other | 0.00% | -3.18% | 33.35% | 36.50% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 28.33% |
Bond Sector Breakdown
Weighting | Return Low | Return High | SRMCX % Rank | |
---|---|---|---|---|
Municipal | 93.82% | 44.39% | 100.00% | 85.83% |
Cash & Equivalents | 0.06% | 0.00% | 46.24% | 53.27% |
Derivative | 0.00% | -3.18% | 23.38% | 32.94% |
Securitized | 0.00% | 0.00% | 5.93% | 29.95% |
Corporate | 0.00% | 0.00% | 9.41% | 39.83% |
Government | 0.00% | 0.00% | 52.02% | 34.83% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | SRMCX % Rank | |
---|---|---|---|---|
US | 99.18% | 0.00% | 142.23% | 29.06% |
Non US | 0.00% | 0.00% | 23.89% | 37.48% |
SRMCX - Expenses
Operational Fees
SRMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.60% | 0.01% | 20.65% | 9.72% |
Management Fee | 0.30% | 0.00% | 1.20% | 15.59% |
12b-1 Fee | 0.98% | 0.00% | 1.00% | 79.41% |
Administrative Fee | 0.10% | 0.01% | 0.44% | 30.83% |
Sales Fees
SRMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | 1.00% | 0.25% | 5.00% | 36.75% |
Trading Fees
SRMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
SRMCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 105.00% | 0.00% | 283.00% | 99.30% |
SRMCX - Distributions
Dividend Yield Analysis
SRMCX | Category Low | Category High | SRMCX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.92% | 0.00% | 14.28% | 91.14% |
Dividend Distribution Analysis
SRMCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
SRMCX | Category Low | Category High | SRMCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.07% | -0.53% | 5.33% | 98.95% |
Capital Gain Distribution Analysis
SRMCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.016 | OrdinaryDividend |
Feb 29, 2024 | $0.016 | OrdinaryDividend |
Jan 31, 2024 | $0.015 | DailyAccrualFund |
Dec 22, 2023 | $0.015 | DailyAccrualFund |
Nov 24, 2023 | $0.015 | DailyAccrualFund |
Oct 25, 2023 | $0.014 | DailyAccrualFund |
Sep 25, 2023 | $0.015 | DailyAccrualFund |
Aug 25, 2023 | $0.014 | DailyAccrualFund |
Jul 25, 2023 | $0.014 | DailyAccrualFund |
Jun 26, 2023 | $0.014 | DailyAccrualFund |
May 24, 2023 | $0.014 | DailyAccrualFund |
Apr 24, 2023 | $0.014 | DailyAccrualFund |
Mar 27, 2023 | $0.013 | DailyAccrualFund |
Feb 22, 2023 | $0.015 | DailyAccrualFund |
Jan 25, 2023 | $0.012 | DailyAccrualFund |
Dec 23, 2022 | $0.012 | DailyAccrualFund |
Nov 30, 2022 | $0.011 | DailyAccrualFund |
Oct 31, 2022 | $0.011 | DailyAccrualFund |
Sep 30, 2022 | $0.008 | DailyAccrualFund |
Aug 31, 2022 | $0.008 | DailyAccrualFund |
Jul 29, 2022 | $0.005 | DailyAccrualFund |
Jun 30, 2022 | $0.004 | DailyAccrualFund |
May 31, 2022 | $0.003 | DailyAccrualFund |
Apr 29, 2022 | $0.003 | DailyAccrualFund |
Mar 31, 2022 | $0.001 | DailyAccrualFund |
Feb 28, 2022 | $0.002 | DailyAccrualFund |
Nov 30, 2021 | $0.001 | DailyAccrualFund |
Oct 29, 2021 | $0.000 | DailyAccrualFund |
Jun 30, 2021 | $0.002 | DailyAccrualFund |
May 28, 2021 | $0.001 | DailyAccrualFund |
Apr 30, 2021 | $0.001 | DailyAccrualFund |
Mar 31, 2021 | $0.001 | DailyAccrualFund |
Feb 26, 2021 | $0.004 | DailyAccrualFund |
Jan 29, 2021 | $0.002 | DailyAccrualFund |
Dec 24, 2020 | $0.001 | DailyAccrualFund |
Nov 23, 2020 | $0.002 | DailyAccrualFund |
Oct 26, 2020 | $0.003 | DailyAccrualFund |
Sep 24, 2020 | $0.003 | DailyAccrualFund |
Aug 31, 2020 | $0.003 | OrdinaryDividend |
Jul 31, 2020 | $0.004 | OrdinaryDividend |
Jun 30, 2020 | $0.005 | OrdinaryDividend |
May 29, 2020 | $0.004 | OrdinaryDividend |
Apr 30, 2020 | $0.005 | OrdinaryDividend |
Mar 31, 2020 | $0.005 | OrdinaryDividend |
Feb 28, 2020 | $0.005 | OrdinaryDividend |
Jan 27, 2020 | $0.004 | OrdinaryDividend |
Dec 24, 2019 | $0.004 | DailyAccrualFund |
Nov 22, 2019 | $0.004 | OrdinaryDividend |
Oct 25, 2019 | $0.005 | OrdinaryDividend |
Sep 24, 2019 | $0.005 | OrdinaryDividend |
Aug 26, 2019 | $0.005 | OrdinaryDividend |
Jul 25, 2019 | $0.006 | OrdinaryDividend |
May 24, 2019 | $0.007 | DailyAccrualFund |
Apr 24, 2019 | $0.007 | DailyAccrualFund |
Mar 25, 2019 | $0.007 | DailyAccrualFund |
Feb 22, 2019 | $0.009 | DailyAccrualFund |
Jan 25, 2019 | $0.008 | DailyAccrualFund |
Dec 24, 2018 | $0.008 | DailyAccrualFund |
Nov 26, 2018 | $0.010 | DailyAccrualFund |
Oct 25, 2018 | $0.009 | DailyAccrualFund |
Aug 27, 2018 | $0.009 | DailyAccrualFund |
Jul 25, 2018 | $0.009 | DailyAccrualFund |
Jun 25, 2018 | $0.009 | DailyAccrualFund |
May 24, 2018 | $0.008 | DailyAccrualFund |
Apr 24, 2018 | $0.009 | DailyAccrualFund |
Mar 23, 2018 | $0.007 | DailyAccrualFund |
Feb 22, 2018 | $0.008 | DailyAccrualFund |
Jan 25, 2018 | $0.006 | DailyAccrualFund |
Dec 26, 2017 | $0.005 | DailyAccrualFund |
Nov 24, 2017 | $0.004 | DailyAccrualFund |
Oct 25, 2017 | $0.005 | DailyAccrualFund |
Sep 25, 2017 | $0.005 | DailyAccrualFund |
Aug 25, 2017 | $0.004 | DailyAccrualFund |
Jul 25, 2017 | $0.004 | DailyAccrualFund |
Jun 26, 2017 | $0.006 | DailyAccrualFund |
May 24, 2017 | $0.005 | DailyAccrualFund |
Apr 24, 2017 | $0.004 | DailyAccrualFund |
Mar 27, 2017 | $0.004 | DailyAccrualFund |
Feb 22, 2017 | $0.005 | DailyAccrualFund |
Jan 25, 2017 | $0.003 | DailyAccrualFund |
Dec 23, 2016 | $0.011 | DailyAccrualFund |
Nov 23, 2016 | $0.004 | DailyAccrualFund |
Oct 25, 2016 | $0.005 | DailyAccrualFund |
Sep 26, 2016 | $0.004 | DailyAccrualFund |
Aug 25, 2016 | $0.003 | DailyAccrualFund |
Jul 25, 2016 | $0.003 | DailyAccrualFund |
Jun 24, 2016 | $0.003 | DailyAccrualFund |
May 24, 2016 | $0.003 | DailyAccrualFund |
Apr 25, 2016 | $0.003 | DailyAccrualFund |
Mar 24, 2016 | $0.004 | DailyAccrualFund |
Feb 23, 2016 | $0.004 | DailyAccrualFund |
Jan 25, 2016 | $0.003 | DailyAccrualFund |
Dec 24, 2015 | $0.003 | DailyAccrualFund |
Nov 23, 2015 | $0.003 | DailyAccrualFund |
Oct 26, 2015 | $0.002 | DailyAccrualFund |
Sep 24, 2015 | $0.002 | DailyAccrualFund |
Aug 25, 2015 | $0.002 | DailyAccrualFund |
Jul 27, 2015 | $0.002 | DailyAccrualFund |
Jun 24, 2015 | $0.002 | DailyAccrualFund |
May 22, 2015 | $0.001 | DailyAccrualFund |
Apr 24, 2015 | $0.001 | DailyAccrualFund |
Mar 25, 2015 | $0.001 | DailyAccrualFund |
Feb 23, 2015 | $0.002 | DailyAccrualFund |
Jan 26, 2015 | $0.000 | DailyAccrualFund |
Dec 24, 2014 | $0.000 | DailyAccrualFund |
Nov 21, 2014 | $0.001 | DailyAccrualFund |
Oct 27, 2014 | $0.000 | DailyAccrualFund |
Sep 24, 2014 | $0.001 | DailyAccrualFund |
Aug 25, 2014 | $0.001 | DailyAccrualFund |
Jul 25, 2014 | $0.001 | DailyAccrualFund |
Jun 24, 2014 | $0.001 | DailyAccrualFund |
May 23, 2014 | $0.001 | DailyAccrualFund |
Apr 24, 2014 | $0.001 | DailyAccrualFund |
Mar 25, 2014 | $0.001 | DailyAccrualFund |
Feb 24, 2014 | $0.003 | DailyAccrualFund |
Jan 27, 2014 | $0.001 | DailyAccrualFund |
Dec 24, 2013 | $0.001 | DailyAccrualFund |
Nov 22, 2013 | $0.001 | DailyAccrualFund |
Oct 25, 2013 | $0.001 | DailyAccrualFund |
Sep 24, 2013 | $0.001 | DailyAccrualFund |
Aug 26, 2013 | $0.001 | DailyAccrualFund |
Jul 25, 2013 | $0.001 | DailyAccrualFund |
Jun 24, 2013 | $0.002 | DailyAccrualFund |
May 24, 2013 | $0.002 | DailyAccrualFund |
Apr 24, 2013 | $0.002 | DailyAccrualFund |
Mar 22, 2013 | $0.002 | DailyAccrualFund |
Feb 25, 2013 | $0.003 | DailyAccrualFund |
Jan 28, 2013 | $0.002 | DailyAccrualFund |
Dec 21, 2012 | $0.002 | DailyAccrualFund |
Nov 27, 2012 | $0.004 | DailyAccrualFund |
Oct 26, 2012 | $0.003 | DailyAccrualFund |
Sep 25, 2012 | $0.004 | DailyAccrualFund |
Aug 28, 2012 | $0.004 | DailyAccrualFund |
Jul 26, 2012 | $0.004 | DailyAccrualFund |
Jun 26, 2012 | $0.006 | DailyAccrualFund |
May 25, 2012 | $0.005 | DailyAccrualFund |
Apr 25, 2012 | $0.006 | DailyAccrualFund |
Mar 27, 2012 | $0.006 | DailyAccrualFund |
Feb 24, 2012 | $0.007 | DailyAccrualFund |
Jan 26, 2012 | $0.004 | DailyAccrualFund |
Jan 03, 2012 | $0.007 | DailyAccrualFund |
Nov 25, 2011 | $0.007 | DailyAccrualFund |
Oct 26, 2011 | $0.006 | DailyAccrualFund |
Sep 27, 2011 | $0.008 | DailyAccrualFund |
Aug 26, 2011 | $0.007 | DailyAccrualFund |
Jul 26, 2011 | $0.007 | DailyAccrualFund |
Jun 27, 2011 | $0.010 | DailyAccrualFund |
May 25, 2011 | $0.008 | DailyAccrualFund |
Apr 27, 2011 | $0.009 | DailyAccrualFund |
Mar 28, 2011 | $0.009 | DailyAccrualFund |
Feb 23, 2011 | $0.010 | DailyAccrualFund |
SRMCX - Fund Manager Analysis
Managers
Matthew Caggiano
Start Date
Tenure
Tenure Rank
Apr 28, 2014
8.1
8.1%
Portfolio Manager for Municipal Bonds: Boston, MA Joined the Company in 1989. Prior to his current role, Matthew served as a Portfolio Manager and Trader for Insurance portfolios. Previously, Matthew served as an Assistant Trader for Tax Exempt Municipal Bond funds and as a Research Assistant for the Municipal Bond Group BS from Pennsylvania State University; MS from Boston College; CFA Charterholder
Patrick Gallagher
Start Date
Tenure
Tenure Rank
Nov 19, 2021
0.53
0.5%
Patrick Gallagher, Portfolio Manager Fixed Income. Portfolio Manager of the fund. Began managing the fund in 2021. ■Joined DWS in 2003. Prior to his current role, he served as an Insurance Reporting Supervisor in the Insurance Asset Management business and as Investment Accountant in the Private Wealth Management Division. ■He went to Colby College for BA Education.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.37 | 1.58 |