SZMCX – Fund Analysis – DWS Intermediate Tax-Free C | Morningstar

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Will SZMCX outperform in the future?

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SZMCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

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

No red flags, but no clear edge, either.

Principal Maciej Kowara

Maciej Kowara

Principal

Summary

DWS Intermediate Tax-Free is a competently run, revenue-sector-tilted national intermediate muni fund that has yet to distinguish itself over long horizons.

by Maciej Kowara

Rated on Jul 8, 2026 Published on Jul 8, 2026

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