DBIWX: DWS Global Macro Fund - MutualFunds.com

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DBIWX - Snapshot

Vitals

  • YTD Return -0.1%
  • 3 Yr Annualized Return 2.2%
  • 5 Yr Annualized Return 4.6%
  • Net Assets $181 M
  • Holdings in Top 10 37.2%

52 WEEK LOW AND HIGH

$9.88
$8.55
$10.07

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.82%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 41.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Compare DBIWX to Popular Diversified Alternatives Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$10.26

+0.10%

$5.41 B

2.05%

$0.21

-3.93%

-

$9.78

+0.31%

$3.25 B

1.18%

$0.12

1.45%

-

$16.40

0.00%

$2.88 B

2.17%

$0.36

7.12%

-

$10.10

+0.10%

$2.66 B

0.95%

$0.10

2.23%

-

$30.80

+0.72%

$2.58 B

5.25%

$1.60

-4.76%

-

DBIWX - Profile

Distributions

  • YTD Total Return -0.1%
  • 3 Yr Annualized Total Return 2.2%
  • 5 Yr Annualized Total Return 4.6%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.55%
DIVIDENDS
  • Dividend Yield 3.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    DWS Global Macro Fund
  • Fund Family Name
    DWS
  • Inception Date
    Jul 01, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Henning Potstada

Fund Description

The fund invests in equities (common and preferred), bonds, structured notes, money market instruments, exchange traded funds (ETFs), and cash. There are no limits on asset class exposures, provided that risk parameters are met. It may also invest in alternative asset classes (such as real estate, REITs, infrastructure, convertibles, commodities and currencies). The fund may also invest in asset backed securities, short-term securities and cash equivalents.


DBIWX - Performance

Return Ranking - Trailing

Period DBIWX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -27.9% 299.1% 61.09%
1 Yr -2.7% -28.9% 23.3% 65.99%
3 Yr 2.2%* -18.0% 9.6% 26.22%
5 Yr 4.6%* -10.5% 9.2% 5.60%
10 Yr 4.8%* -0.4% 4.8% 1.06%

* Annualized

Return Ranking - Calendar

Period DBIWX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -10.2% 27.3% N/A
2018 N/A -20.8% 10.9% N/A
2017 N/A -12.4% 29.4% N/A
2016 N/A -10.5% 15.8% N/A
2015 N/A -22.0% 6.0% N/A

Total Return Ranking - Trailing

Period DBIWX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.1% -27.9% 299.1% 61.09%
1 Yr -2.7% -28.9% 23.3% 57.14%
3 Yr 2.2%* -18.0% 9.6% 23.97%
5 Yr 4.6%* -10.5% 9.2% 4.74%
10 Yr 4.8%* -0.4% 4.8% 1.06%

* Annualized

Total Return Ranking - Calendar

Period DBIWX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -10.2% 27.3% N/A
2018 N/A -20.8% 10.9% N/A
2017 N/A -8.4% 29.4% N/A
2016 N/A -5.9% 18.0% N/A
2015 N/A -22.0% 9.2% N/A

NAV & Total Return History


DBIWX - Holdings

Concentration Analysis

DBIWX Category Low Category High DBIWX % Rank
Net Assets 181 M 1.32 M 5.41 B 43.49%
Number of Holdings 118 4 3106 68.35%
Net Assets in Top 10 12.5 M -80.3 M 2.69 B 77.78%
Weighting of Top 10 37.20% 8.3% 100.0% 76.26%

Top 10 Holdings

  1. S+p500 Emini Fut Sep20 Xcme 20200918 14.97%
  2. S+p500 Emini Fut Sep20 Xcme 20200918 14.97%
  3. S+p500 Emini Fut Sep20 Xcme 20200918 14.97%
  4. S+p500 Emini Fut Sep20 Xcme 20200918 14.97%
  5. S+p500 Emini Fut Sep20 Xcme 20200918 14.97%
  6. S+p500 Emini Fut Sep20 Xcme 20200918 14.97%
  7. S+p500 Emini Fut Sep20 Xcme 20200918 14.97%
  8. S+p500 Emini Fut Sep20 Xcme 20200918 14.97%
  9. S+p500 Emini Fut Sep20 Xcme 20200918 14.97%
  10. S+p500 Emini Fut Sep20 Xcme 20200918 14.97%

Asset Allocation

Weighting Return Low Return High DBIWX % Rank
Stocks
42.97% -24.27% 208.15% 21.55%
Cash
29.29% -16955.40% 429.28% 41.08%
Bonds
22.25% -340.68% 17034.14% 57.91%
Other
4.91% -13.08% 86.82% 47.47%
Convertible Bonds
0.57% 0.00% 87.59% 24.92%
Preferred Stocks
0.00% -0.12% 52.62% 57.58%

Stock Sector Breakdown

Weighting Return Low Return High DBIWX % Rank
Healthcare
25.33% 0.00% 60.64% 3.64%
Technology
21.38% 0.00% 100.00% 29.45%
Communication Services
16.92% 0.00% 23.22% 3.64%
Consumer Cyclical
8.02% 0.00% 26.84% 81.09%
Real Estate
5.70% 0.00% 78.90% 25.09%
Financial Services
5.58% 0.00% 60.67% 90.91%
Utilities
4.77% 0.00% 12.26% 27.27%
Basic Materials
3.93% 0.00% 25.74% 52.00%
Consumer Defense
3.91% 0.00% 20.71% 73.45%
Industrials
3.46% 0.00% 22.91% 86.91%
Energy
0.99% 0.00% 100.00% 78.91%

Stock Geographic Breakdown

Weighting Return Low Return High DBIWX % Rank
Non US
36.28% -23.77% 45.04% 1.01%
US
6.69% -15.91% 208.15% 69.70%

Bond Sector Breakdown

Weighting Return Low Return High DBIWX % Rank
Cash & Equivalents
53.56% 0.49% 100.00% 28.62%
Government
28.36% 0.00% 97.04% 36.03%
Corporate
18.08% 0.00% 83.91% 32.66%
Derivative
0.00% 0.00% 89.73% 81.48%
Securitized
0.00% 0.00% 87.39% 66.33%
Municipal
0.00% 0.00% 25.47% 43.43%

Bond Geographic Breakdown

Weighting Return Low Return High DBIWX % Rank
US
12.42% -51.16% 17003.70% 65.32%
Non US
9.83% -333.21% 168.86% 24.58%

DBIWX - Expenses

Operational Fees

DBIWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.82% 0.29% 31.15% 58.68%
Management Fee 0.60% 0.00% 2.50% 14.14%
12b-1 Fee 0.00% 0.00% 1.00% 6.29%
Administrative Fee 0.10% 0.01% 0.30% 30.86%

Sales Fees

DBIWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

DBIWX 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.

DBIWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 41.00% 0.00% 496.00% 19.77%

DBIWX - Distributions

Dividend Yield Analysis

DBIWX Category Low Category High DBIWX % Rank
Dividend Yield 3.16% 0.00% 3.98% 1.97%

Dividend Distribution Analysis

DBIWX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

DBIWX Category Low Category High DBIWX % Rank
Net Income Ratio 1.55% -1.83% 6.83% 28.13%

Capital Gain Distribution Analysis

DBIWX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

DBIWX - Fund Manager Analysis

Managers

Henning Potstada


Start Date

Tenure

Tenure Rank

May 08, 2017

3.48

3.5%

Henning Potstada, Managing Director. ■ Joined DWS in 2006. ■ Portfolio Manager for Multi Asset: Frankfurt. ■ MBA, University of Bayreuth, Germany.

Christoph-Arend Schmidt


Start Date

Tenure

Tenure Rank

May 08, 2017

3.48

3.5%

Christoph-Arend Schmidt, CFA, Vice President. ■ Joined DWS in 2008. ■ Portfolio Manager for Multi Asset: Frankfurt. ■ MBA, University of Bayreuth, Germany.

Stefan Flasdick


Start Date

Tenure

Tenure Rank

May 08, 2017

3.48

3.5%

Stefan Flasdick, Vice President. ■ Joined DWS in 2004. Prior to his current role, he served as a portfolio manager in Deutsche Bank Private Wealth Management. Previously, he served in Futures & Options Sales for Germany & Austria at JP Morgan in London and Frankfurt. He began his career as a Trainee in Treasury and F&O Sales at BfG Bank / Credit Lyonnais.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 16.96 4.34 3.34
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