DWS New York Tax-Free Income Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.5%
1 yr return
2.5%
3 Yr Avg Return
-1.5%
5 Yr Avg Return
N/A
Net Assets
$194 M
Holdings in Top 10
19.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.68%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 31.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DNTIX - Profile
Distributions
- YTD Total Return -1.5%
- 3 Yr Annualized Total Return -1.5%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.56%
- Dividend Yield 3.2%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameDWS New York Tax-Free Income Fund
-
Fund Family NameDWS Funds
-
Inception DateDec 01, 2020
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMatthew Caggiano
Fund Description
DNTIX - Performance
Return Ranking - Trailing
Period | DNTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.5% | -5.3% | 7.2% | 76.25% |
1 Yr | 2.5% | -5.3% | 26.0% | 36.43% |
3 Yr | -1.5%* | -11.5% | 2.5% | 53.85% |
5 Yr | N/A* | -6.3% | 1101.7% | 57.55% |
10 Yr | N/A* | -0.5% | 248.1% | 49.52% |
* Annualized
Return Ranking - Calendar
Period | DNTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.3% | -1.4% | 41.0% | 8.07% |
2022 | -13.6% | -39.7% | 0.3% | 78.96% |
2021 | 0.3% | -5.6% | 6.9% | 20.65% |
2020 | N/A | -2.6% | 310.0% | N/A |
2019 | N/A | 0.0% | 26.0% | N/A |
Total Return Ranking - Trailing
Period | DNTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.5% | -5.3% | 7.2% | 76.25% |
1 Yr | 2.5% | -5.3% | 26.0% | 36.43% |
3 Yr | -1.5%* | -11.5% | 2.5% | 53.85% |
5 Yr | N/A* | -6.3% | 1101.7% | 47.98% |
10 Yr | N/A* | -0.5% | 248.1% | 47.15% |
* Annualized
Total Return Ranking - Calendar
Period | DNTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.5% | -1.3% | 41.0% | 9.63% |
2022 | -11.1% | -39.7% | 1.1% | 75.92% |
2021 | 2.7% | -4.8% | 23761504.0% | 21.51% |
2020 | N/A | -1.5% | 17057.9% | N/A |
2019 | N/A | 0.2% | 3514.6% | N/A |
NAV & Total Return History
DNTIX - Holdings
Concentration Analysis
DNTIX | Category Low | Category High | DNTIX % Rank | |
---|---|---|---|---|
Net Assets | 194 M | 3.22 M | 71.9 B | 70.73% |
Number of Holdings | 150 | 2 | 13067 | 70.87% |
Net Assets in Top 10 | 38.7 M | -317 M | 3.56 B | 70.68% |
Weighting of Top 10 | 19.94% | 2.0% | 100.4% | 38.60% |
Top 10 Holdings
- Nuveen New York AMT-Free Quality Municipal Income Fund 3.35%
- LIBERTY DEV CORP NY REVENUE 3.06%
- PORT AUTH OF NEW YORK NEW JERSEY NY 1.92%
- MET TRANSPRTN AUTH NY REVENUE 1.82%
- TRIBOROUGH NY BRIDGE TUNNEL AUTH SALES TAX REVENUE 1.70%
- NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE 1.70%
- TRIBOROUGH NY BRIDGE TUNNEL AUTH PAYROLL MOBILITY TAX 1.69%
- PORT AUTH OF NEW YORK NEW JERSEY NY 1.59%
- PORT AUTH OF NEW YORK NEW JERSEY NY 1.57%
- NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE 1.54%
Asset Allocation
Weighting | Return Low | Return High | DNTIX % Rank | |
---|---|---|---|---|
Bonds | 95.69% | 0.00% | 150.86% | 84.80% |
Stocks | 3.35% | 0.00% | 99.81% | 2.52% |
Cash | 0.96% | -50.86% | 50.09% | 60.19% |
Preferred Stocks | 0.00% | 0.00% | 0.52% | 59.09% |
Other | 0.00% | -3.18% | 33.35% | 59.48% |
Convertible Bonds | 0.00% | 0.00% | 0.93% | 59.06% |
Stock Sector Breakdown
Weighting | Return Low | Return High | DNTIX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 0.00% | N/A |
Technology | 0.00% | 0.00% | 0.00% | N/A |
Real Estate | 0.00% | 0.00% | 0.00% | N/A |
Industrials | 0.00% | 0.00% | 100.00% | N/A |
Healthcare | 0.00% | 0.00% | 0.00% | N/A |
Financial Services | 0.00% | 0.00% | 0.00% | N/A |
Energy | 0.00% | 0.00% | 0.00% | N/A |
Communication Services | 0.00% | 0.00% | 100.00% | N/A |
Consumer Defense | 0.00% | 0.00% | 0.00% | N/A |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | N/A |
Basic Materials | 0.00% | 0.00% | 0.00% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DNTIX % Rank | |
---|---|---|---|---|
US | 3.35% | 0.00% | 99.81% | 2.52% |
Non US | 0.00% | 0.00% | 10.75% | 58.90% |
Bond Sector Breakdown
Weighting | Return Low | Return High | DNTIX % Rank | |
---|---|---|---|---|
Municipal | 100.00% | 44.39% | 100.00% | 5.39% |
Derivative | 0.00% | -3.18% | 23.38% | 57.73% |
Cash & Equivalents | 0.00% | 0.00% | 48.02% | 82.65% |
Securitized | 0.00% | 0.00% | 5.93% | 59.45% |
Corporate | 0.00% | 0.00% | 9.41% | 66.08% |
Government | 0.00% | 0.00% | 52.02% | 62.64% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DNTIX % Rank | |
---|---|---|---|---|
US | 95.69% | 0.00% | 142.23% | 81.62% |
Non US | 0.00% | 0.00% | 23.89% | 63.37% |
DNTIX - Expenses
Operational Fees
DNTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.68% | 0.01% | 20.65% | 55.99% |
Management Fee | 0.40% | 0.00% | 1.20% | 41.98% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.10% | 0.01% | 0.44% | 31.64% |
Sales Fees
DNTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.50% | 4.75% | N/A |
Deferred Load | N/A | 0.25% | 5.00% | N/A |
Trading Fees
DNTIX 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.
DNTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 31.00% | 0.00% | 283.00% | 80.72% |
DNTIX - Distributions
Dividend Yield Analysis
DNTIX | Category Low | Category High | DNTIX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.16% | 0.00% | 14.62% | 39.20% |
Dividend Distribution Analysis
DNTIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
DNTIX | Category Low | Category High | DNTIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.56% | -0.53% | 5.33% | 16.24% |
Capital Gain Distribution Analysis
DNTIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.026 | OrdinaryDividend |
Feb 29, 2024 | $0.027 | OrdinaryDividend |
Jan 31, 2024 | $0.026 | OrdinaryDividend |
Dec 22, 2023 | $0.026 | OrdinaryDividend |
Nov 24, 2023 | $0.026 | OrdinaryDividend |
Oct 25, 2023 | $0.025 | OrdinaryDividend |
Sep 25, 2023 | $0.026 | OrdinaryDividend |
Aug 25, 2023 | $0.025 | OrdinaryDividend |
Jul 25, 2023 | $0.025 | OrdinaryDividend |
Jun 26, 2023 | $0.025 | OrdinaryDividend |
May 24, 2023 | $0.024 | OrdinaryDividend |
Apr 24, 2023 | $0.024 | OrdinaryDividend |
Mar 27, 2023 | $0.024 | OrdinaryDividend |
Feb 22, 2023 | $0.025 | OrdinaryDividend |
Jan 25, 2023 | $0.024 | OrdinaryDividend |
Dec 23, 2022 | $0.024 | OrdinaryDividend |
Nov 30, 2022 | $0.024 | OrdinaryDividend |
Oct 31, 2022 | $0.024 | OrdinaryDividend |
Sep 30, 2022 | $0.024 | OrdinaryDividend |
Aug 31, 2022 | $0.023 | OrdinaryDividend |
Jul 29, 2022 | $0.023 | OrdinaryDividend |
Jun 30, 2022 | $0.023 | OrdinaryDividend |
May 31, 2022 | $0.023 | OrdinaryDividend |
Apr 29, 2022 | $0.022 | OrdinaryDividend |
Mar 31, 2022 | $0.022 | OrdinaryDividend |
Feb 28, 2022 | $0.024 | OrdinaryDividend |
Jan 31, 2022 | $0.022 | OrdinaryDividend |
Nov 30, 2021 | $0.023 | OrdinaryDividend |
Oct 29, 2021 | $0.023 | OrdinaryDividend |
Sep 30, 2021 | $0.024 | OrdinaryDividend |
Aug 31, 2021 | $0.024 | OrdinaryDividend |
Jul 30, 2021 | $0.024 | OrdinaryDividend |
Jun 30, 2021 | $0.024 | OrdinaryDividend |
May 28, 2021 | $0.023 | OrdinaryDividend |
Apr 30, 2021 | $0.024 | OrdinaryDividend |
Mar 31, 2021 | $0.023 | OrdinaryDividend |
Feb 26, 2021 | $0.024 | OrdinaryDividend |
Jan 29, 2021 | $0.024 | OrdinaryDividend |
Dec 24, 2020 | $0.021 | OrdinaryDividend |
DNTIX - Fund Manager Analysis
Managers
Matthew Caggiano
Start Date
Tenure
Tenure Rank
Dec 30, 2004
17.43
17.4%
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
Michael Generazo
Start Date
Tenure
Tenure Rank
Nov 19, 2021
0.53
0.5%
Portfolio Manager for Municipal Bond Funds: Boston, MA Joined the Company in 1999 with 6 years of industry experience. Prior to his current role, Michael was a Municipal Bond Trader for Private Investment Clients. Previously, he served as a Trader and Portfolio Manager at Breckenridge Capital Advisors and as a Senior Financial Reporting Analyst at Massachusetts Financial Services. Michael began his career as a Financial Reporting Analyst at The Boston Company BS from Bryant College; MBA from Suffolk University
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 35.05 | 7.37 | 1.58 |