Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.5%
1 yr return
8.1%
3 Yr Avg Return
4.1%
5 Yr Avg Return
3.4%
Net Assets
$127 M
Holdings in Top 10
17.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.29%
SALES FEES
Front Load 2.75%
Deferred Load N/A
TRADING FEES
Turnover 60.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
DFRAX - Profile
Distributions
- YTD Total Return 1.5%
- 3 Yr Annualized Total Return 4.1%
- 5 Yr Annualized Total Return 3.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 3.28%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameDWS Floating Rate Fund
-
Fund Family NameDWS Funds
-
Inception DateJun 29, 2007
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGary Russell
Fund Description
DFRAX - Performance
Return Ranking - Trailing
Period | DFRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.5% | -1.3% | 4.7% | 65.27% |
1 Yr | 8.1% | -4.7% | 22.7% | 66.79% |
3 Yr | 4.1%* | -5.7% | 7.6% | 55.82% |
5 Yr | 3.4%* | -7.2% | 37.3% | 53.42% |
10 Yr | 2.4%* | -2.1% | 19.3% | 86.93% |
* Annualized
Return Ranking - Calendar
Period | DFRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.7% | -12.0% | 17.3% | 65.27% |
2022 | -5.7% | -22.9% | 5.1% | 15.69% |
2021 | 0.4% | -12.2% | 12.0% | 82.73% |
2020 | -3.0% | -14.1% | 289.8% | 67.65% |
2019 | 3.6% | -8.1% | 14.6% | 26.52% |
Total Return Ranking - Trailing
Period | DFRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.5% | -1.3% | 4.7% | 65.27% |
1 Yr | 8.1% | -4.7% | 22.7% | 66.79% |
3 Yr | 4.1%* | -5.7% | 7.6% | 55.82% |
5 Yr | 3.4%* | -7.2% | 37.3% | 53.42% |
10 Yr | 2.4%* | -2.1% | 19.3% | 86.93% |
* Annualized
Total Return Ranking - Calendar
Period | DFRAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.6% | -12.0% | 30.3% | 83.21% |
2022 | -1.8% | -22.9% | 5.1% | 35.29% |
2021 | 3.6% | -10.2% | 19.4% | 79.92% |
2020 | 0.7% | -14.1% | 306.9% | 73.95% |
2019 | 8.5% | -3.6% | 23.8% | 29.13% |
NAV & Total Return History
DFRAX - Holdings
Concentration Analysis
DFRAX | Category Low | Category High | DFRAX % Rank | |
---|---|---|---|---|
Net Assets | 127 M | 29.9 M | 13.5 B | 87.64% |
Number of Holdings | 326 | 2 | 1605 | 49.82% |
Net Assets in Top 10 | 23.4 M | -191 M | 2.48 B | 84.13% |
Weighting of Top 10 | 17.64% | 5.2% | 100.8% | 35.19% |
Top 10 Holdings
- DWS Central Cash Management Government Fund 8.23%
- Invesco Senior Loan ETF 1.94%
- TransDigm Inc 2023 Term Loan I 1.08%
- Nouryon Finance B.V. 2023 USD Term Loan B 1.08%
- IRB Holding Corp 2022 Term Loan B 0.97%
- Peraton Corp. Term Loan B 0.93%
- Univision Communications Inc 2021 First Lien Term Loan B 0.90%
- Athenahealth Group Inc 2022 Term Loan B 0.89%
- Carnival Corporation 2021 Incremental Term Loan B 0.81%
- SPDR Blackstone Senior Loan ETF 0.79%
Asset Allocation
Weighting | Return Low | Return High | DFRAX % Rank | |
---|---|---|---|---|
Bonds | 93.61% | 0.00% | 161.82% | 60.15% |
Cash | 8.23% | -61.90% | 18.85% | 19.56% |
Stocks | 3.82% | 0.00% | 100.78% | 22.88% |
Other | 0.02% | -52.39% | 26.58% | 40.96% |
Preferred Stocks | 0.00% | -3.99% | 6.42% | 75.28% |
Convertible Bonds | 0.00% | 0.00% | 5.51% | 82.16% |
Stock Sector Breakdown
Weighting | Return Low | Return High | DFRAX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | 92.83% |
Technology | 0.00% | 0.00% | 100.00% | 94.17% |
Real Estate | 0.00% | 0.00% | 48.61% | 91.03% |
Industrials | 0.00% | 0.00% | 100.00% | 33.18% |
Healthcare | 0.00% | 0.00% | 100.00% | 93.27% |
Financial Services | 0.00% | 0.00% | 89.61% | 91.03% |
Energy | 0.00% | 0.00% | 100.00% | 94.62% |
Communication Services | 0.00% | 0.00% | 100.00% | 97.31% |
Consumer Defense | 0.00% | 0.00% | 100.00% | 92.83% |
Consumer Cyclical | 0.00% | 0.00% | 97.66% | 2.24% |
Basic Materials | 0.00% | 0.00% | 1.36% | 95.07% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DFRAX % Rank | |
---|---|---|---|---|
US | 3.82% | -0.01% | 100.78% | 22.51% |
Non US | 0.00% | 0.00% | 0.68% | 69.74% |
Bond Sector Breakdown
Weighting | Return Low | Return High | DFRAX % Rank | |
---|---|---|---|---|
Corporate | 91.27% | 0.00% | 141.23% | 40.89% |
Cash & Equivalents | 8.23% | 0.00% | 25.03% | 19.93% |
Derivative | 0.02% | -8.79% | 1.12% | 30.26% |
Government | 0.01% | 0.00% | 3.18% | 23.79% |
Securitized | 0.00% | 0.00% | 91.68% | 83.64% |
Municipal | 0.00% | 0.00% | 0.47% | 63.94% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DFRAX % Rank | |
---|---|---|---|---|
US | 93.61% | 0.00% | 144.71% | 40.96% |
Non US | 0.00% | 0.00% | 63.23% | 80.44% |
DFRAX - Expenses
Operational Fees
DFRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.29% | 0.03% | 12.26% | 43.59% |
Management Fee | 0.55% | 0.00% | 1.89% | 23.74% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 42.65% |
Administrative Fee | 0.10% | 0.02% | 0.27% | 35.56% |
Sales Fees
DFRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 2.75% | 1.00% | 5.75% | 58.93% |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
DFRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
DFRAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 60.00% | 4.00% | 180.00% | 50.39% |
DFRAX - Distributions
Dividend Yield Analysis
DFRAX | Category Low | Category High | DFRAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 11.09% | 79.57% |
Dividend Distribution Analysis
DFRAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
DFRAX | Category Low | Category High | DFRAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.28% | 1.77% | 9.82% | 69.17% |
Capital Gain Distribution Analysis
DFRAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 22, 2024 | $0.055 | OrdinaryDividend |
Feb 23, 2024 | $0.055 | OrdinaryDividend |
Jan 25, 2024 | $0.055 | OrdinaryDividend |
Dec 11, 2023 | $0.055 | OrdinaryDividend |
Nov 24, 2023 | $0.055 | OrdinaryDividend |
Oct 25, 2023 | $0.055 | OrdinaryDividend |
Sep 25, 2023 | $0.055 | OrdinaryDividend |
Aug 25, 2023 | $0.053 | OrdinaryDividend |
Jul 25, 2023 | $0.050 | OrdinaryDividend |
Jun 26, 2023 | $0.050 | OrdinaryDividend |
May 24, 2023 | $0.049 | OrdinaryDividend |
Apr 24, 2023 | $0.049 | OrdinaryDividend |
Mar 27, 2023 | $0.049 | OrdinaryDividend |
Feb 22, 2023 | $0.049 | OrdinaryDividend |
Jan 25, 2023 | $0.047 | OrdinaryDividend |
Dec 09, 2022 | $0.043 | OrdinaryDividend |
Nov 23, 2022 | $0.035 | OrdinaryDividend |
Oct 25, 2022 | $0.030 | OrdinaryDividend |
Sep 26, 2022 | $0.029 | OrdinaryDividend |
Aug 25, 2022 | $0.023 | OrdinaryDividend |
Jul 25, 2022 | $0.021 | OrdinaryDividend |
Jun 24, 2022 | $0.021 | OrdinaryDividend |
May 24, 2022 | $0.021 | OrdinaryDividend |
Apr 25, 2022 | $0.021 | OrdinaryDividend |
Mar 25, 2022 | $0.021 | OrdinaryDividend |
Feb 22, 2022 | $0.021 | OrdinaryDividend |
Dec 09, 2021 | $0.021 | OrdinaryDividend |
Nov 23, 2021 | $0.021 | OrdinaryDividend |
Oct 25, 2021 | $0.021 | OrdinaryDividend |
Sep 24, 2021 | $0.021 | OrdinaryDividend |
Aug 25, 2021 | $0.021 | OrdinaryDividend |
Jul 26, 2021 | $0.021 | OrdinaryDividend |
Jun 24, 2021 | $0.021 | OrdinaryDividend |
May 24, 2021 | $0.021 | OrdinaryDividend |
Apr 26, 2021 | $0.021 | OrdinaryDividend |
Mar 25, 2021 | $0.021 | OrdinaryDividend |
Feb 22, 2021 | $0.021 | OrdinaryDividend |
Jan 25, 2021 | $0.021 | OrdinaryDividend |
Dec 09, 2020 | $0.021 | OrdinaryDividend |
Nov 23, 2020 | $0.021 | OrdinaryDividend |
Oct 26, 2020 | $0.022 | OrdinaryDividend |
Sep 24, 2020 | $0.022 | OrdinaryDividend |
Aug 25, 2020 | $0.022 | OrdinaryDividend |
Jul 27, 2020 | $0.022 | OrdinaryDividend |
Jun 24, 2020 | $0.022 | OrdinaryDividend |
May 22, 2020 | $0.024 | OrdinaryDividend |
Apr 24, 2020 | $0.024 | OrdinaryDividend |
Mar 25, 2020 | $0.024 | OrdinaryDividend |
Feb 24, 2020 | $0.027 | OrdinaryDividend |
Jan 27, 2020 | $0.030 | OrdinaryDividend |
Dec 10, 2019 | $0.030 | OrdinaryDividend |
Nov 22, 2019 | $0.030 | OrdinaryDividend |
Oct 25, 2019 | $0.031 | OrdinaryDividend |
Sep 24, 2019 | $0.033 | OrdinaryDividend |
Aug 26, 2019 | $0.033 | OrdinaryDividend |
Jul 25, 2019 | $0.033 | OrdinaryDividend |
Jun 24, 2019 | $0.033 | OrdinaryDividend |
May 24, 2019 | $0.032 | OrdinaryDividend |
Apr 24, 2019 | $0.032 | OrdinaryDividend |
Mar 25, 2019 | $0.031 | OrdinaryDividend |
Feb 22, 2019 | $0.031 | OrdinaryDividend |
Jan 25, 2019 | $0.031 | OrdinaryDividend |
Dec 11, 2018 | $0.030 | OrdinaryDividend |
Nov 26, 2018 | $0.030 | OrdinaryDividend |
Oct 25, 2018 | $0.030 | OrdinaryDividend |
Sep 24, 2018 | $0.029 | OrdinaryDividend |
Aug 27, 2018 | $0.029 | OrdinaryDividend |
Jul 25, 2018 | $0.027 | OrdinaryDividend |
Jun 25, 2018 | $0.025 | OrdinaryDividend |
May 24, 2018 | $0.024 | OrdinaryDividend |
Apr 24, 2018 | $0.023 | OrdinaryDividend |
Mar 23, 2018 | $0.023 | OrdinaryDividend |
Feb 22, 2018 | $0.023 | OrdinaryDividend |
Jan 25, 2018 | $0.026 | OrdinaryDividend |
Dec 11, 2017 | $0.026 | OrdinaryDividend |
Nov 24, 2017 | $0.026 | OrdinaryDividend |
Oct 25, 2017 | $0.027 | OrdinaryDividend |
Sep 25, 2017 | $0.028 | OrdinaryDividend |
Aug 25, 2017 | $0.028 | OrdinaryDividend |
Jul 25, 2017 | $0.028 | OrdinaryDividend |
Jun 26, 2017 | $0.028 | OrdinaryDividend |
May 24, 2017 | $0.028 | OrdinaryDividend |
Apr 24, 2017 | $0.033 | OrdinaryDividend |
Mar 27, 2017 | $0.033 | OrdinaryDividend |
Feb 22, 2017 | $0.033 | OrdinaryDividend |
Jan 25, 2017 | $0.033 | OrdinaryDividend |
Dec 09, 2016 | $0.033 | OrdinaryDividend |
Nov 23, 2016 | $0.033 | OrdinaryDividend |
Oct 25, 2016 | $0.033 | OrdinaryDividend |
Sep 26, 2016 | $0.033 | OrdinaryDividend |
Aug 25, 2016 | $0.033 | OrdinaryDividend |
Jul 25, 2016 | $0.033 | OrdinaryDividend |
Jun 24, 2016 | $0.033 | OrdinaryDividend |
May 24, 2016 | $0.032 | OrdinaryDividend |
Apr 25, 2016 | $0.032 | OrdinaryDividend |
Mar 24, 2016 | $0.032 | OrdinaryDividend |
Feb 23, 2016 | $0.032 | OrdinaryDividend |
Jan 25, 2016 | $0.032 | OrdinaryDividend |
Dec 09, 2015 | $0.039 | OrdinaryDividend |
Nov 23, 2015 | $0.032 | OrdinaryDividend |
Oct 26, 2015 | $0.032 | OrdinaryDividend |
Sep 24, 2015 | $0.032 | OrdinaryDividend |
Aug 25, 2015 | $0.032 | OrdinaryDividend |
Jul 27, 2015 | $0.032 | OrdinaryDividend |
Jun 24, 2015 | $0.031 | OrdinaryDividend |
May 22, 2015 | $0.030 | OrdinaryDividend |
Apr 24, 2015 | $0.030 | OrdinaryDividend |
Mar 25, 2015 | $0.030 | OrdinaryDividend |
Feb 23, 2015 | $0.030 | OrdinaryDividend |
Jan 26, 2015 | $0.030 | OrdinaryDividend |
Dec 10, 2014 | $0.030 | OrdinaryDividend |
Nov 21, 2014 | $0.030 | OrdinaryDividend |
Oct 27, 2014 | $0.030 | OrdinaryDividend |
Sep 24, 2014 | $0.030 | OrdinaryDividend |
Aug 25, 2014 | $0.030 | OrdinaryDividend |
Jul 25, 2014 | $0.030 | OrdinaryDividend |
Jun 24, 2014 | $0.030 | OrdinaryDividend |
May 23, 2014 | $0.030 | OrdinaryDividend |
Apr 24, 2014 | $0.030 | OrdinaryDividend |
Mar 25, 2014 | $0.030 | OrdinaryDividend |
Feb 24, 2014 | $0.030 | OrdinaryDividend |
Jan 27, 2014 | $0.030 | OrdinaryDividend |
Dec 10, 2013 | $0.030 | OrdinaryDividend |
Nov 22, 2013 | $0.030 | OrdinaryDividend |
Oct 25, 2013 | $0.030 | OrdinaryDividend |
Sep 24, 2013 | $0.030 | OrdinaryDividend |
Aug 26, 2013 | $0.030 | OrdinaryDividend |
Jul 25, 2013 | $0.032 | OrdinaryDividend |
Jun 24, 2013 | $0.032 | OrdinaryDividend |
May 24, 2013 | $0.032 | OrdinaryDividend |
Apr 24, 2013 | $0.035 | OrdinaryDividend |
Mar 22, 2013 | $0.037 | OrdinaryDividend |
Feb 22, 2013 | $0.037 | OrdinaryDividend |
Jan 25, 2013 | $0.037 | OrdinaryDividend |
Dec 11, 2012 | $0.037 | OrdinaryDividend |
Nov 26, 2012 | $0.037 | OrdinaryDividend |
Oct 25, 2012 | $0.037 | OrdinaryDividend |
Sep 24, 2012 | $0.037 | OrdinaryDividend |
Aug 27, 2012 | $0.037 | OrdinaryDividend |
Jul 25, 2012 | $0.037 | OrdinaryDividend |
Jun 25, 2012 | $0.037 | OrdinaryDividend |
May 24, 2012 | $0.037 | OrdinaryDividend |
Apr 24, 2012 | $0.037 | OrdinaryDividend |
Mar 26, 2012 | $0.037 | OrdinaryDividend |
Feb 23, 2012 | $0.037 | OrdinaryDividend |
Jan 25, 2012 | $0.036 | OrdinaryDividend |
Dec 09, 2011 | $0.036 | OrdinaryDividend |
Nov 23, 2011 | $0.036 | OrdinaryDividend |
Oct 25, 2011 | $0.035 | OrdinaryDividend |
Sep 26, 2011 | $0.035 | OrdinaryDividend |
Aug 25, 2011 | $0.033 | OrdinaryDividend |
Jul 25, 2011 | $0.032 | OrdinaryDividend |
Jun 24, 2011 | $0.031 | OrdinaryDividend |
May 24, 2011 | $0.031 | OrdinaryDividend |
Apr 25, 2011 | $0.031 | OrdinaryDividend |
Mar 25, 2011 | $0.031 | OrdinaryDividend |
Feb 22, 2011 | $0.032 | OrdinaryDividend |
Jan 25, 2011 | $0.032 | OrdinaryDividend |
Dec 27, 2010 | $0.035 | OrdinaryDividend |
Nov 23, 2010 | $0.035 | OrdinaryDividend |
Oct 25, 2010 | $0.035 | OrdinaryDividend |
Sep 24, 2010 | $0.037 | OrdinaryDividend |
Aug 25, 2010 | $0.037 | OrdinaryDividend |
Jul 26, 2010 | $0.037 | OrdinaryDividend |
Jun 24, 2010 | $0.037 | OrdinaryDividend |
May 24, 2010 | $0.037 | OrdinaryDividend |
Apr 26, 2010 | $0.039 | OrdinaryDividend |
Mar 25, 2010 | $0.038 | OrdinaryDividend |
Feb 22, 2010 | $0.038 | OrdinaryDividend |
Jan 25, 2010 | $0.038 | OrdinaryDividend |
Nov 23, 2009 | $0.036 | OrdinaryDividend |
Oct 26, 2009 | $0.036 | OrdinaryDividend |
Sep 24, 2009 | $0.037 | OrdinaryDividend |
Aug 25, 2009 | $0.036 | OrdinaryDividend |
Jul 27, 2009 | $0.037 | OrdinaryDividend |
Jun 24, 2009 | $0.037 | OrdinaryDividend |
May 22, 2009 | $0.037 | OrdinaryDividend |
Apr 24, 2009 | $0.037 | OrdinaryDividend |
Mar 25, 2009 | $0.037 | OrdinaryDividend |
Feb 23, 2009 | $0.037 | OrdinaryDividend |
Jan 26, 2009 | $0.037 | OrdinaryDividend |
Dec 11, 2008 | $0.037 | OrdinaryDividend |
Nov 21, 2008 | $0.037 | OrdinaryDividend |
Oct 27, 2008 | $0.035 | OrdinaryDividend |
Sep 24, 2008 | $0.035 | OrdinaryDividend |
Aug 25, 2008 | $0.035 | OrdinaryDividend |
Jul 25, 2008 | $0.035 | OrdinaryDividend |
Jun 24, 2008 | $0.035 | OrdinaryDividend |
May 23, 2008 | $0.035 | OrdinaryDividend |
Apr 24, 2008 | $0.048 | OrdinaryDividend |
Mar 25, 2008 | $0.048 | OrdinaryDividend |
Feb 25, 2008 | $0.048 | OrdinaryDividend |
Jan 25, 2008 | $0.048 | OrdinaryDividend |
Nov 26, 2007 | $0.048 | OrdinaryDividend |
Oct 25, 2007 | $0.048 | OrdinaryDividend |
Sep 24, 2007 | $0.048 | OrdinaryDividend |
Aug 27, 2007 | $0.048 | OrdinaryDividend |
DFRAX - Fund Manager Analysis
Managers
Gary Russell
Start Date
Tenure
Tenure Rank
Sep 19, 2017
4.7
4.7%
Gary Russell, CFA, Managing Director and Portfolio Manager. · Joined Deutsche Asset & Wealth Management in 1996. Served as the head of the High Yield group in Europe and as an Emerging Markets portfolio manager. · Prior to that, four years at Citicorp as a research analyst and structurer of collateralized mortgage obligations. Prior to Citicorp, served as an officer in the US Army from 1988 to 1991. ·BS, United States Military Academy (West Point); MBA, New York University, Stern School of Business.
Lonnie Fox
Start Date
Tenure
Tenure Rank
Oct 09, 2019
2.64
2.6%
Lonnie Fox, Director. Portfolio Manager, joined DWS in 2004 with one year of industry experience. Prior to his current role, he worked as a high yield credit analyst. Prior to joining, he served as a business analyst at Deloitte Consulting. BS in Applied Economics and Management, Cornell University; MBA in Finance and Strategy, New York University, Stern School of Business.
Thomas Bouchard
Start Date
Tenure
Tenure Rank
Oct 09, 2019
2.64
2.6%
THOMAS R. BOUCHARD, Director, vice president and Portfolio Manager, Joined Deutsche Asset Management in 2006 with 6 years of industry experience. Prior to joining, served as a High Yield Investment Analyst at Flagship Capital Management. He also served as an officer in the US Army from 1989 to 1997. BS, University of Wisconsin - Madison; MBA in Finance, Boston College; MA in Strategic Studies from US Army War College.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 21.18 | 6.01 | 3.25 |