Morningstar

DWS Strategic High Yield Tax-Free Fund - Class A NOTAX

Morningstar Medalist Rating
Medalist Rating as of | See DWS Investment Hub
  • NAV / 1-Day Return 9.84  /  −0.10 %
  • Total Assets 387.7M
  • Adj. Expense Ratio
    0.890%
  • Expense Ratio 0.930%
  • Distribution Fee Level Above Average
  • Share Class Type Front Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 4.84%
  • Effective Duration 8.63 years

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 10:54 PM GMT+0

Morningstar’s Analysis NOTAX

Will NOTAX 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 NOTAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the NOTAX 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 NOTAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

DWS Strategic High Yield Tax-Free A 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.

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Portfolio Holdings NOTAX

More NOTAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

M-S-R ENERGY AUTH CALIF GAS REV 7%

1.68 7M
municipal

FLORIDA DEV FIN CORP SR LIVING REV 5.25%

1.66 7M
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%

1.61 6M
municipal

HAWAII ST DEPT BUDGET & FIN SPL PURP REV 3%

1.50 6M
municipal

PUBLIC FIN AUTH WIS HOTEL REV 6%

1.27 5M
municipal

AURORA HIGHLANDS CMNTY AUTH BRD COLO SPL TAX REV 5.75%

1.24 5M
municipal

ARIZONA INDL DEV AUTH SR LIVING REV 6.75%

1.18 5M
municipal

CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5.5%

1.15 5M
municipal

CALIFORNIA MUN FIN AUTH REV 7%

1.08 4M
municipal

PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.25%

1.07 4M
municipal

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