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Morningstar

DWS Strategic High Yield Tax-Free A NOTAX

Morningstar Analyst Rating
Analyst rating as of
  • NAV / 1-Day Return 10.52  /  0.09 %
  • Total Assets 545.1 Mil
  • Adj. Expense Ratio
    0.840%
  • Expense Ratio 0.880%
  • 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 3.83%
  • Effective Duration —

USD | NAV as of Jan 27, 2023 | 1-Day Return as of Jan 27, 2023, 11:12 PM GMT+00:00

Morningstar’s Analysis NOTAX

Will NOTAX outperform in 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.

Continued turnover leaves behind a small but experienced group.

Associate Analyst

Summary

| by Max Curtin

Recent portfolio management team changes, elevated turnover, and a solid but undifferentiated process earn DWS Strategic High Yield Tax-Free a Morningstar Analyst Rating of Neutral for its cheaper share classes and Negative for its most expensive.

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