DWS Global Macro Fund
Name
As of 12/10/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.8%
1 yr return
7.9%
3 Yr Avg Return
2.7%
5 Yr Avg Return
3.2%
Net Assets
$177 M
Holdings in Top 10
35.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.95%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 43.00%
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 12/10/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
MGINX - Profile
Distributions
- YTD Total Return 5.8%
- 3 Yr Annualized Total Return 2.7%
- 5 Yr Annualized Total Return 3.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.32%
- Dividend Yield 2.9%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameDWS Global Macro Fund
-
Fund Family NameDWS Funds
-
Inception DateMay 15, 1995
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerHenning Potstada
Fund Description
MGINX - Performance
Return Ranking - Trailing
Period | MGINX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.8% | -2.4% | 32.7% | 88.37% |
1 Yr | 7.9% | 0.2% | 46.1% | 89.30% |
3 Yr | 2.7%* | -18.6% | 13.2% | 38.03% |
5 Yr | 3.2%* | -11.7% | 23.2% | 82.18% |
10 Yr | 4.6%* | -5.2% | 9.6% | 50.36% |
* Annualized
Return Ranking - Calendar
Period | MGINX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.0% | -18.9% | 60.2% | 55.61% |
2022 | -11.1% | -48.5% | 0.1% | 20.66% |
2021 | 5.1% | -19.0% | 48.3% | 43.40% |
2020 | 1.4% | -16.5% | 52.8% | 76.24% |
2019 | 9.0% | -8.5% | 26.6% | 62.94% |
Total Return Ranking - Trailing
Period | MGINX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.8% | -2.4% | 32.7% | 88.37% |
1 Yr | 7.9% | 0.2% | 46.1% | 89.30% |
3 Yr | 2.7%* | -18.6% | 13.2% | 38.03% |
5 Yr | 3.2%* | -11.7% | 23.2% | 82.18% |
10 Yr | 4.6%* | -5.2% | 9.6% | 50.36% |
* Annualized
Total Return Ranking - Calendar
Period | MGINX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.2% | -11.7% | 61.8% | 55.14% |
2022 | -6.9% | -48.5% | 4.6% | 12.68% |
2021 | 5.9% | -14.2% | 48.3% | 81.60% |
2020 | 2.3% | -11.7% | 77.4% | 82.18% |
2019 | 12.6% | -3.9% | 28.4% | 60.91% |
NAV & Total Return History
MGINX - Holdings
Concentration Analysis
MGINX | Category Low | Category High | MGINX % Rank | |
---|---|---|---|---|
Net Assets | 177 M | 2.19 M | 12 B | 53.49% |
Number of Holdings | 93 | 2 | 2477 | 43.72% |
Net Assets in Top 10 | 70.2 M | 1.55 M | 9.57 B | 60.00% |
Weighting of Top 10 | 35.69% | 20.3% | 105.1% | 84.19% |
Top 10 Holdings
- SPDR Gold MiniShares Trust 6.55%
- U.S. Treasury Bonds 3.89%
- U.S. Treasury Bonds 3.52%
- Alphabet Inc 3.34%
- DWS Central Cash Management Government Fund 3.32%
- U.S. Treasury Notes 3.04%
- U.S. Treasury Notes 3.03%
- U.S. Treasury Notes 3.03%
- U.S. Treasury Notes 3.01%
- Microsoft Corp 2.96%
Asset Allocation
Weighting | Return Low | Return High | MGINX % Rank | |
---|---|---|---|---|
Stocks | 53.12% | 0.00% | 133.08% | 75.81% |
Bonds | 41.72% | 0.00% | 106.59% | 11.16% |
Cash | 5.08% | -33.22% | 90.14% | 38.14% |
Other | 0.09% | -29.71% | 154.73% | 33.95% |
Preferred Stocks | 0.00% | -0.16% | 5.36% | 17.67% |
Convertible Bonds | 0.00% | 0.00% | 8.92% | 59.53% |
Stock Sector Breakdown
Weighting | Return Low | Return High | MGINX % Rank | |
---|---|---|---|---|
Healthcare | 24.86% | 0.00% | 38.63% | 4.97% |
Communication Services | 21.61% | 0.00% | 21.61% | 2.21% |
Technology | 15.36% | 0.00% | 85.77% | 57.46% |
Financial Services | 12.90% | 0.00% | 98.22% | 50.83% |
Industrials | 6.53% | 0.00% | 23.85% | 72.38% |
Utilities | 5.75% | 0.00% | 91.12% | 27.07% |
Consumer Defense | 4.65% | 0.00% | 37.51% | 70.17% |
Consumer Cyclical | 4.07% | 0.00% | 25.83% | 74.03% |
Basic Materials | 3.12% | 0.00% | 56.73% | 54.70% |
Real Estate | 1.13% | 0.00% | 99.45% | 72.93% |
Energy | 0.00% | 0.00% | 60.89% | 89.50% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | MGINX % Rank | |
---|---|---|---|---|
Non US | 27.34% | -1.94% | 37.95% | 3.72% |
US | 25.78% | 0.00% | 133.08% | 83.26% |
Bond Sector Breakdown
Weighting | Return Low | Return High | MGINX % Rank | |
---|---|---|---|---|
Government | 36.80% | 0.00% | 99.78% | 38.14% |
Corporate | 10.86% | 0.00% | 95.17% | 37.67% |
Cash & Equivalents | 4.13% | 0.00% | 89.61% | 41.40% |
Derivative | 0.09% | -19.74% | 154.73% | 33.49% |
Securitized | 0.00% | 0.00% | 52.99% | 55.81% |
Municipal | 0.00% | 0.00% | 19.13% | 42.79% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | MGINX % Rank | |
---|---|---|---|---|
US | 38.58% | 0.00% | 92.67% | 11.16% |
Non US | 3.14% | 0.00% | 22.55% | 16.28% |
MGINX - Expenses
Operational Fees
MGINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.95% | 0.45% | 10.24% | 86.05% |
Management Fee | 0.60% | 0.00% | 1.50% | 20.93% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.10% | 0.05% | 0.70% | 43.48% |
Sales Fees
MGINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
MGINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | 14.29% |
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.
MGINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 43.00% | 1.75% | 441.00% | 22.67% |
MGINX - Distributions
Dividend Yield Analysis
MGINX | Category Low | Category High | MGINX % Rank | |
---|---|---|---|---|
Dividend Yield | 2.94% | 0.00% | 24.95% | 43.72% |
Dividend Distribution Analysis
MGINX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Quarterly | Annual |
Net Income Ratio Analysis
MGINX | Category Low | Category High | MGINX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.32% | -2.01% | 13.72% | 28.84% |
Capital Gain Distribution Analysis
MGINX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 23, 2024 | $0.076 | OrdinaryDividend |
Mar 21, 2024 | $0.012 | OrdinaryDividend |
Dec 21, 2023 | $0.023 | OrdinaryDividend |
Sep 22, 2023 | $0.072 | OrdinaryDividend |
Jun 23, 2023 | $0.072 | OrdinaryDividend |
Mar 24, 2023 | $0.120 | OrdinaryDividend |
Dec 22, 2022 | $0.300 | OrdinaryDividend |
Sep 23, 2022 | $0.056 | OrdinaryDividend |
Jun 23, 2022 | $0.046 | OrdinaryDividend |
Mar 24, 2022 | $0.044 | OrdinaryDividend |
Sep 23, 2021 | $0.023 | OrdinaryDividend |
Jun 23, 2021 | $0.025 | OrdinaryDividend |
Mar 24, 2021 | $0.032 | OrdinaryDividend |
Dec 23, 2020 | $0.032 | OrdinaryDividend |
Sep 23, 2020 | $0.049 | OrdinaryDividend |
Dec 04, 2019 | $0.320 | OrdinaryDividend |
Dec 21, 2018 | $0.127 | CapitalGainShortTerm |
Dec 21, 2018 | $0.057 | CapitalGainLongTerm |
Dec 21, 2018 | $0.435 | OrdinaryDividend |
Dec 23, 2013 | $0.150 | OrdinaryDividend |
Dec 26, 2012 | $0.182 | OrdinaryDividend |
Dec 23, 2011 | $0.160 | OrdinaryDividend |
MGINX - Fund Manager Analysis
Managers
Henning Potstada
Start Date
Tenure
Tenure Rank
May 08, 2017
5.07
5.1%
Henning Potstada, Managing Director. ■ Joined DWS in 2006. ■ Portfolio Manager for Multi Asset: Frankfurt. ■ MBA, University of Bayreuth, Germany.
Christoph-Arend Schmidt
Start Date
Tenure
Tenure Rank
May 08, 2017
5.07
5.1%
Christoph-Arend Schmidt, CFA, Vice President. ■ Joined DWS in 2008. ■ Portfolio Manager for Multi Asset: Frankfurt. ■ MBA, University of Bayreuth, Germany.
Stefan Flasdick
Start Date
Tenure
Tenure Rank
May 08, 2017
5.07
5.1%
Stefan Flasdick, Vice President. ■ Joined DWS in 2004. Prior to his current role, he served as a portfolio manager in Deutsche Bank Private Wealth Management. Previously, he served in Futures & Options Sales for Germany & Austria at JP Morgan in London and Frankfurt. He began his career as a Trainee in Treasury and F&O Sales at BfG Bank / Credit Lyonnais.
Fabian Degen
Start Date
Tenure
Tenure Rank
Mar 01, 2021
1.25
1.3%
Fabian Degen, CFA, Director. ■ Joined DWS in 2007. ■ Portfolio manager for US and Global Value Equity: New York. ■ Bachelor of International Business Administration in Investments and Finance from the International University of Applied Sciences Bad Honnef, Bonn with educational exchanges at the University of Maine (USA).
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 33.83 | 6.69 | 13.0 |