DWS Strategic Muni Income (KSM)
9.60
-0.14 (-1.44%)
USD |
NYSE |
Aug 16, 16:00
9.61
+0.01 (+0.10%)
Pre-Market: 20:00
Price Chart
Key Stats
Customize
| Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 1.85% | -9.52% | 119.10M | 18307.40 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (All) |
| 4.95% | 23.00% | -- | Upgrade |
Basic Info
| Investment Strategy | |
| To seek a high level of current income exempt from federal income tax by investing in a diversified portfolio of investment-grade, tax-exempt securities. It invests more than 50% of its assets in investment-grade municipal bonds or unrated municipal bonds of comparable quality, and may invest up to 50% of its assets in high-yield municipal bonds below investment grade. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Category Name | High Yield Muni |
| Category Index | Bloomberg 65% High Grade/35% HY TR USD |
| Prospectus Objective | Municipal Bond - National |
| Fund Owner Firm Name | DWS |
| Prospectus Benchmark Index | |
| Bloomberg Municipal TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
| Manager Tenure | |
| Michael Generazo | 4.10 yrs |
| Chad Farrington | 3.64 yrs |
Net Fund Flows Versus Category
1 Month
% Rank:
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1 Year
% Rank:
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-1.591B
Category Low
1.939B
Category High
3 Months
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3 Years
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6 Months
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5 Years
% Rank:
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YTD
% Rank:
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10 Years
% Rank:
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Date Unavailable
Performance Versus Category
As of August 16, 2022. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of August 16, 2022.
Asset Allocation
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
MASSACHUSETTS ST DEV FIN AGY REV 5%
|
2.89% | -- | -- |
|
PENNSYLVANIA ST TPK COMMN TPK REV 5%
|
1.42% | -- | -- |
|
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.75%
|
1.31% | -- | -- |
|
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%
|
1.21% | -- | -- |
|
ARIZONA ST UNIV REVS 5%
|
1.19% | -- | -- |
|
TARRANT CNTY TEX CULTURAL ED FACS FIN CORP HOSP REV 5%
|
1.19% | -- | -- |
|
PUERTO RICO COMWLTH 4%
|
1.13% | -- | -- |
|
ILLINOIS ST 5%
|
1.10% | -- | -- |
|
METROPOLITAN TRANSN AUTH N Y REV 5%
|
1.04% | -- | -- |
|
SOUTH CAROLINA ST PORTS AUTH PORTS REV 4%
|
0.98% | -- | -- |
News
Headline
Wire
Time (ET)
Yahoo
05/20 17:00
SA Breaking News
04/08 03:35
Basic Info
| Investment Strategy | |
| To seek a high level of current income exempt from federal income tax by investing in a diversified portfolio of investment-grade, tax-exempt securities. It invests more than 50% of its assets in investment-grade municipal bonds or unrated municipal bonds of comparable quality, and may invest up to 50% of its assets in high-yield municipal bonds below investment grade. |
| General | |
| Security Type | Closed-End Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Category Name | High Yield Muni |
| Category Index | Bloomberg 65% High Grade/35% HY TR USD |
| Prospectus Objective | Municipal Bond - National |
| Fund Owner Firm Name | DWS |
| Prospectus Benchmark Index | |
| Bloomberg Municipal TR USD | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
| Manager Tenure | |
| Michael Generazo | 4.10 yrs |
| Chad Farrington | 3.64 yrs |
Fundamentals
| General | |
| Distribution Yield | Upgrade |
| Dividend Yield TTM (8-16-22) | 4.95% |
| 30-Day SEC Yield (11-30-17) | Upgrade |
| 7-Day SEC Yield (12-13-17) | Upgrade |
| Number of Holdings | Upgrade |
| Bond | |
| Current Yield | 4.93% |
| Yield to Maturity | -- |
| Effective Duration | -- |
| Average Coupon | Upgrade |
| Average Credit Score | Upgrade |
| Average Price | Upgrade |
As of June 30, 2022
Fund Details
| Key Dates | |
| Inception Date | 3/22/1989 |
| Last Annual Report Date | 11/30/2021 |
| Last Prospectus Date | 9/20/1999 |
| Attributes | |
| Enhanced Index Fund | No |
| Index Fund | No |
| Inverse Fund | No |
| Leveraged Fund |
|
| Fund of Funds | No |
| Currency Hedged Fund | No |
| Synthetic Replication Fund | No |
| Has Dividend Investment Plan |
|
| Socially Responsible Fund | No |
News
Headline
Wire
Time (ET)
Yahoo
05/20 17:00
SA Breaking News
04/08 03:35