DWS Emerging Markets Equity T
Name
As of 09/30/2022Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
-26.0%
1 yr return
-25.8%
3 Yr Avg Return
-8.9%
5 Yr Avg Return
-4.9%
Net Assets
$274 M
Holdings in Top 10
36.3%
52 WEEK LOW AND HIGH
$15.5
$15.54
$21.94
Expenses
OPERATING FEES
Expense Ratio 1.19%
SALES FEES
Front Load 2.50%
Deferred Load N/A
TRADING FEES
Turnover 94.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/30/2022Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
SEKTX - Profile
Distributions
- YTD Total Return -26.0%
- 3 Yr Annualized Total Return -8.9%
- 5 Yr Annualized Total Return -4.9%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.65%
- Dividend Yield 2.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameDWS Emerging Markets Equity Fund
-
Fund Family NameDWS
-
Inception DateJun 05, 2017
-
Shares OutstandingN/A
-
Share ClassT
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerSean Taylor
Fund Description
Main investments. Under normal circumstances, the fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in emerging market equities (equities traded mainly in emerging markets or issued by companies that are organized in emerging markets or have more than half of their business there). The fund considers “emerging markets” to include any countries or markets (i) currently classified as low-to-middle income economies by the World Bank; or (ii) currently considered to be developing by the International Finance Corporation or the United Nations or its authorities.The fund considers an issuer to have more than half of its business in emerging markets if at least (i) 50% of the issuer's assets are in an emerging market country, or (ii) 50% of an issuer's revenues or profits are from goods produced or sold, investments made, or services performed in emerging markets.The fund may invest up to 20% of net assets in equities from the US or other developed markets. The fund may also invest up to 20% of net assets in US or emerging market debt securities when portfolio management believes these securities may perform at least as well as equities.The fund invests primarily in common stocks, but may also invest in preferred stocks or convertible securities.Management process. Portfolio management generally uses a four step management process. In the first step, using a macroeconomic outlook, portfolio management assesses the general outlook for emerging market equities. The key drivers of this outlook are growth, valuation, and market sentiment. This process is then applied at individual country and sector levels to determine country and sector weightings. In the second step, portfolio management performs a bottom-up fundamental analysis of the companies in the designated countries and sectors (i.e., an analysis of the salient attributes of the various individual companies), resulting in recommended stocks for the designated countries and sectors and corresponding target prices for those stocks. Salient company attributes that portfolio management may consider include attractiveness of valuation relative to earnings, sustainability of business model, the presence of clearly identifiable catalysts, such as a specific corporate event, and positive share price momentum. In the third step, portfolio management constructs the fund’s portfolio, weighting individual stocks based on management’s assessments and setting individual country and sector market exposure based on management’s outlook. In the fourth and final step, portfolio management actively monitors the fund’s portfolio, including an ongoing assessment of the portfolio’s risks. Portfolio management will typically sell a security if it no longer represents good value relative to fundamentals and/or if it lacks positive catalysts.Portfolio management may consider information about Environmental, Social and Governance (ESG) issues in its fundamental research process and when making investment decisions.Securities lending. The fund may lend securities (up to one-third of total assets) to approved institutions, such as registered broker-dealers, banks and pooled investment vehicles.
Read More
SEKTX - Performance
Return Ranking - Trailing
| Period | SEKTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -26.0% | -32.7% | 18.6% | 99.88% |
| 1 Yr | -25.8% | -50.4% | 9.7% | 92.58% |
| 3 Yr | -8.9%* | -21.5% | 65.6% | 88.89% |
| 5 Yr | -4.9%* | -13.7% | 32.6% | 71.52% |
| 10 Yr | N/A* | -12.1% | 11.5% | 62.98% |
* Annualized
Return Ranking - Calendar
| Period | SEKTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -13.1% | -50.1% | 15.9% | 5.25% |
| 2022 | 8.3% | -30.3% | 16.3% | 2.77% |
| 2021 | 5.4% | -7.2% | 79.7% | 49.25% |
| 2020 | -3.4% | -14.2% | 9.4% | 98.57% |
| 2019 | N/A | -11.5% | 24.0% | N/A |
Total Return Ranking - Trailing
| Period | SEKTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -26.0% | -50.8% | 18.6% | 99.76% |
| 1 Yr | -25.8% | -50.4% | 30.2% | 92.61% |
| 3 Yr | -8.9%* | -21.5% | 65.6% | 88.93% |
| 5 Yr | -4.9%* | -13.7% | 32.6% | 74.39% |
| 10 Yr | N/A* | -12.1% | 11.5% | 69.09% |
* Annualized
Total Return Ranking - Calendar
| Period | SEKTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -13.1% | -50.1% | 15.9% | 5.25% |
| 2022 | 8.3% | -30.3% | 16.3% | 2.77% |
| 2021 | 5.4% | -7.2% | 79.7% | 49.25% |
| 2020 | -3.4% | -14.2% | 10.3% | 98.57% |
| 2019 | N/A | -9.7% | 24.0% | N/A |
NAV & Total Return History
SEKTX - Holdings
Concentration Analysis
| SEKTX | Category Low | Category High | SEKTX % Rank | |
|---|---|---|---|---|
| Net Assets | 274 M | 717 K | 102 B | 56.09% |
| Number of Holdings | 61 | 2 | 6734 | 80.40% |
| Net Assets in Top 10 | 98.5 M | 565 | 19.3 B | 53.96% |
| Weighting of Top 10 | 36.28% | 2.8% | 100.0% | 43.21% |
Top 10 Holdings
- Tencent Holdings Ltd 9.10%
- Tencent Holdings Ltd 9.10%
- Tencent Holdings Ltd 9.10%
- Tencent Holdings Ltd 9.10%
- Tencent Holdings Ltd 9.10%
- Tencent Holdings Ltd 9.10%
- Tencent Holdings Ltd 9.10%
- Tencent Holdings Ltd 9.10%
- Tencent Holdings Ltd 9.10%
- Tencent Holdings Ltd 8.86%
Asset Allocation
| Weighting | Return Low | Return High | SEKTX % Rank | |
|---|---|---|---|---|
| Stocks | 98.83% | 0.90% | 110.97% | 30.19% |
| Cash | 1.17% | -23.67% | 20.19% | 64.46% |
| Preferred Stocks | 0.00% | 0.00% | 2.67% | 24.32% |
| Other | 0.00% | -1.48% | 9.95% | 18.54% |
| Convertible Bonds | 0.00% | 0.00% | 7.40% | 6.02% |
| Bonds | 0.00% | -0.03% | 55.68% | 19.22% |
SEKTX - Expenses
Operational Fees
| SEKTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.19% | 0.01% | 2.69% | 44.99% |
| Management Fee | 0.70% | 0.00% | 2.00% | 24.14% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 19.66% |
| Administrative Fee | 0.10% | 0.01% | 0.85% | 47.29% |
Sales Fees
| SEKTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 2.50% | 0.00% | 5.75% | 93.69% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| SEKTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.40% | 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.
| SEKTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 94.00% | 0.00% | 190.00% | 83.46% |
SEKTX - Distributions
Dividend Yield Analysis
| SEKTX | Category Low | Category High | SEKTX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.99% | 0.00% | 13.00% | 55.58% |
Dividend Distribution Analysis
| SEKTX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
| SEKTX | Category Low | Category High | SEKTX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.65% | -1.98% | 17.62% | 52.24% |
Capital Gain Distribution Analysis
| SEKTX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jan 03, 2022 | $0.015 | OrdinaryDividend |
| Dec 24, 2020 | $0.258 | OrdinaryDividend |
| Dec 24, 2019 | $0.366 | OrdinaryDividend |
| Dec 24, 2018 | $0.097 | OrdinaryDividend |
| Dec 22, 2017 | $0.092 | OrdinaryDividend |
SEKTX - Fund Manager Analysis
Managers
Sean Taylor
Start Date
Tenure
Tenure Rank
May 01, 2014
8.09
8.1%
Joined Deutsche Asset & Wealth Management in 2013 with 21 years of industry experience. Prior to his current role, he joined GAM as investment director in January 2004. Prior to joining GAM, he was head of global equity at SG Asset Management where he was also a member of the Asset Allocation Committee and head of the Emerging Markets Desk. Mr. Taylor was previously a fund manager at Capel-Cure Myers which he joined in 1994 from HSBC James Capel Investment Management.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.09 | 33.71 | 6.43 | 13.42 |