Performance
Trailing returns
| 1 day |
| -0.09% | |||
| 1 week |
| -0.14% | |||
| 4 week |
| -0.12% | |||
| 3 month | +0.40% |
| |||
| YTD | +1.28% |
| |||
| 1 year | +5.27% |
| |||
| 3 years* | +6.30% |
| |||
| 5 years* | +6.33% |
| |||
| *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 | Average |
 
|
| 5 years | High | Above Average |
|
| 10 years | High | Above Average |
|
| Overall | High | Above Average |
|
Key statistics
| Total assets | 5.82B | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.58% | |
| Management fee | - | |
| Fund family | DWS Investments |
Asset allocation
| Cash | 1.97% | |
| Stocks | 0.00% | |
| Bonds | 97.23% | |
| Other | 0.81% |
Purchase information
| Initial | $2,500 | |
| Additional | $50 | |
| IRA Initial | $1,000 | |
| AIP Initial | $1,000 | |
| AIP Additional | $50 |
9.50-0.01(-0.11%)
May 22, 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 normally invests at least 65% of total assets in municipal securities of the top three grades of credit quality. The fund may invest up to 20% of net assets in securities whose income is subject to the federal alternative minimum tax (AMT). It may invest up to 10% of total assets in high yield debt securities.
Fund filings (PDF) »
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)
Michael Generazo (Started: Jun 1, 2010)
Ashton Goodfield (Started: Dec 31, 1998)
Philip Condon (Started: Dec 31, 1990)
Matthew Caggiano (Started: Dec 31, 1999)
DWS Investments Services, P.O. Box 219151, Kansas City, MO 64121-9151, USA
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | -0.36 | -0.45 | -0.60 | -0.13 | |
| Beta* | 1.35 | 1.14 | 1.21 | 1.10 | |
| Mean annual return | 0.54 | 0.54 | 0.55 | 0.44 | |
| R-squared* | 96.50 | 92.01 | 91.51 | 92.00 | |
| Standard deviation | 3.91 | 4.45 | 5.99 | 5.18 | |
| Sharpe ratio | 1.64 | 1.42 | 1.06 | 0.67 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| California St Go Bds 6.5% | 1.28% | |
| California St G O Bds 6% | 1.07% | |
| Pennsylvania Econ Dev Fing Var Rt De | 0.98% | |
| Chicago Ill Brd Ed General O 6% | 0.96% | |
| New York Liberty Dev Corp Libe Rev 5.25% | 0.80% | |
| Atlanta Ga Wtr & Waste Wtr Rev Re 5.375% | 0.80% | |
| Broward Cnty Fla Arpt Sys Rev Rev Bds 5% | 0.77% | |
| San Francisco Calif City & Cnt Rev Bd 6% | 0.74% | |
| Texas Transn Commn Cent Tex Tp First 5% | 0.73% | |
| Public Auth 6.5% | 0.73% |