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Morningstar

DWS Strategic High Yield Tax-Free S SHYTX

Morningstar Medalist Rating
Medalist Rating as of | See DWS Investment Hub
  • NAV / 1-Day Return 10.76  /  +0.13 %
  • Total Assets 490.8 Mil
  • Adj. Expense Ratio
    0.570%
  • Expense Ratio 0.610%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 4.23%
  • Effective Duration 7.48 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis SHYTX

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

  • People Pillar

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

Solid, but more to prove.

Analyst Max Curtin

Max Curtin

Analyst

Summary

Experienced managers remain at the helm at DWS Strategic High Yield Tax-Free after a few years of turnover, but it’s still too early to decide whether this reshaped group holds a durable edge over peers.

by Max Curtin
Rated on Published on

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Portfolio Holdings SHYTX

More SHYTX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

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

1.47 6.9 Mil
municipal

FLORIDA DEV FIN CORP SR LIVING REV 5.25%

1.46 6.9 Mil
municipal

PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%

1.44 6.8 Mil
municipal

PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.25%

1.41 6.6 Mil
municipal

METROPOLITAN WASH D C ARPTS AUTH DULLES TOLL RD REV 5%

1.22 5.7 Mil
municipal

WASHINGTON ST HSG FIN COMMN NONPROFIT REV 3.35%

1.16 5.4 Mil
Cash and Equivalents

NEW HOPE CULTURAL ED FACS FIN CORP TEX SR LIVING REV 7.25%

1.15 5.4 Mil
municipal

OHIO ST HOSP REV 5%

1.13 5.3 Mil
municipal

PUBLIC FIN AUTH WIS EDL FAC REV 6.5%

1.10 5.2 Mil
municipal

PUBLIC FIN AUTH WIS HOTEL REV 6%

1.08 5.1 Mil
municipal