Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
DWS Floating Rate A DFRAX
- NAV / 1-Day Return 7.62 / +0.07 %
- Total Assets 127.7 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.040%
- Distribution Fee Level Above Average
- Share Class Type Front Load
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 8.36%
- Effective Duration —
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 10:14 PM GMT+0
Morningstar’s Analysis DFRAX
Will DFRAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 9.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Dws Central Cash Management Government Fund | 4.35 | 5.3 Mil | Cash and Equivalents |
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Peraton Corp. | 1.03 | 1.2 Mil | Corporate |
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Cloud Software Group, Inc. | 0.98 | 1.2 Mil | Corporate |
Medline Borrower LP | 0.85 | 1.0 Mil | Corporate |
Scientific Games Holdings LP | 0.84 | 1.0 Mil | Corporate |
Gainwell Acquisition Corp. | 0.83 | 1.0 Mil | Corporate |