Deutsche Managed Municipal Bond Fund Class S

 (MUTF:SCMBX)   Watch this mutual fund  
Find more results for MUTF:SCMBX

Performance

Trailing returns

1 day   +0.11%
   
1 week   +0.39%
   
4 week   +0.09%
   
3 month   +1.98%
   
YTD   +9.55%
   
1 year   +9.85%
   
3 years*   +5.63%
   
5 years*   +4.99%
   
*annualized
Best 3 month return+9.19%  
Worst 3 month return-6.80%  

Morningstar statistics

Morningstar category: Muni National Long
  Return Risk Rating
3 years Above Average Above Average
5 years Above Average Above Average
10 years High Above Average
Overall High Above Average

Key statistics

Total assets5.29B 
Front load-  
Deferred load-  
Expense ratio0.56%  
Management fee-  
Fund familyDeutsche Asset & Wealth Mngt 

Asset allocation

Cash3.15%  
Stocks0.00%  
Bonds96.00%  
Other0.85%  

Purchase information

Initial$2,500  
Additional$50  
IRA Initial$1,000  
AIP Initial$1,000  
AIP Additional$50  
9.37+0.01(0.11%)
Sep 30, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks to provide income exempt from regular federal income taxes. The fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in securities issued by municipalities across the United States and in other securities whose income is free from regular federal income tax. It may invest up to 20% of net assets in securities whose income is subject to the federal alternative minimum tax (AMT). The fund normally invests at least 65% of total assets in municipal securities of the top three grades of credit quality. It may invest up to 10% of total assets in high yield debt securities.
Fund filings (PDF) »
Asset managers:
Michael Generazo (Started: Jun 1, 2010)
Ashton Goodfield (Started: Dec 31, 1998)
Philip Condon (Started: Dec 31, 1990)
Matthew Caggiano (Started: Dec 31, 1999)
Advisor Company:
Deutsche Inv Mgmt Americas Inc
Fund family reports on Morningstar »
DWS Investments Services, P.O. Box 219151, Kansas City, MO 64121-9151, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* 0.17 -0.06 -0.54 -0.19
Beta* 1.20 1.25 1.20 1.16
Mean annual return 0.98 0.50 0.49 0.42
R-squared* 96.88 96.47 94.62 93.26
Standard deviation 3.42 4.92 5.20 5.26
Sharpe ratio 3.43 1.21 1.12 0.66
* Against standard index

Top 10 holdings