Morningstar

DWS Short Term Municipal Bond Fund - Class S SRMSX

Morningstar Medalist Rating
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Medalist Rating as of See DWS Investment Hub
  • NAV / 1-Day Return $9.68  /  +0.10 %
  • Fund Size $120.9M
  • Adjusted Expense Ratio 0.390%
  • Net Expense Ratio 0.500%
  • Fee Level: Distribution Below Average
  • Share Class Type No Load
  • Morningstar Category Muni National Short
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 3.02%
  • Average Effective Duration 1.96 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis SRMSX

Will SRMSX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SRMSX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SRMSX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SRMSX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

DWS Short Term Municipal Bond S holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings SRMSX

More SRMSX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 18.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

HALIFAX CNTY VA INDL DEV AUTH REV 3.8%

2.27 3M
municipal

LOUISVILLE/JEFFERSON CNTY KY METRO GOVT POLLUTION CTL REV 1.35%

2.10 3M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%

2.10 3M
municipal

OKLAHOMA ST INDS AUTH EDL FACS LEASE REV 5%

1.90 3M
municipal

HAWAII ST DEPT BUDGET & FIN SPL PURP REV 2.9%

1.88 3M
municipal

NEW JERSEY ST TPK AUTH TPK REV 5%

1.88 3M
municipal

United States Treasury Notes 3.375%

1.85 3M
Government

DALLAS TEX 5%

1.83 3M
municipal

FORT BEND TEX INDPT SCH DIST 4%

1.81 3M
municipal

GREAT LAKES WTR AUTH MICH SEW DISP SYS REV 5%

1.66 2M
municipal

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