DWS Global High Income is led by a solid management team, but its pool of analysts has experienced significant churn, which raises concerns around the team's ability to successfully execute the process. The strategy earns a Morningstar Analyst Rating of Neutral on its cheaper share classes, while its most expensive earns a Negative.
DWS Global High Income S SGHSX
NAV / 1-Day Return
7.03
/
0.15
%
Total Assets
656.5 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.650%
Expense Ratio
0.650%
Fee Level
Below Average
Longest Manager Tenure
14.98
years
Category
High Yield Bond
Credit Quality / Interest Rate Sensitivity
Low / LimitedMin. Initial Investment
2,500
Status
Open
TTM Yield
4.50%
Effective Duration
3.76
years
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will SGHSX 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 SGHSX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the SGHSX 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 SGHSX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Some attractive qualities here, but analyst turnover gives us reason for pause.
