Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
DWS Short Term Municipal Bond A SRMAX
- NAV / 1-Day Return 9.75 / 0.00
- Total Assets 144.1 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.680%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category Muni National Short
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.54%
- Effective Duration 1.81 years
USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 10:22 PM GMT+0
Morningstar’s Analysis SRMAX
Will SRMAX 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 18.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
LOUISIANA PUB FACS AUTH SOLID WASTE DISP FAC REV 5% | 2.01 | 3.0 Mil | municipal |
VIRGINIA ST HSG DEV AUTH COMWLTH MTG 3.9% | 1.99 | 3.0 Mil | municipal |
NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 4.47% | 1.97 | 3.0 Mil | municipal |
LAKE CHARLES LA HBR & TERM DIST REV 1% | 1.94 | 2.9 Mil | municipal |
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4% | 1.91 | 2.9 Mil | municipal |
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% | 1.83 | 2.8 Mil | municipal |
LOUISVILLE/JEFFERSON CNTY KY METRO GOVT POLLUTION CTL REV 1.35% | 1.81 | 2.7 Mil | municipal |
HOUSTON TEX ARPT SYS REV 5% | 1.72 | 2.6 Mil | municipal |
CONNECTICUT ST HSG FIN AUTH HSG MTG FIN PROG 3.54% | 1.65 | 2.5 Mil | municipal |
HILLSBOROUGH CNTY FLA SOLID WASTE & RES RECOVERY REV 5% | 1.52 | 2.3 Mil | municipal |