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Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

DWS Global Macro Fund

DBIWX | Fund

$9.22

$225 M

0.61%

$0.06

0.83%

Vitals

YTD Return

-12.7%

1 yr return

-3.2%

3 Yr Avg Return

4.4%

5 Yr Avg Return

3.7%

Net Assets

$225 M

Holdings in Top 10

26.1%

52 WEEK LOW AND HIGH

$9.3
$9.22
$10.65

Expenses

OPERATING FEES

Expense Ratio 0.83%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 43.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Tactical Allocation

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

DWS Global Macro Fund

DBIWX | Fund

$9.22

$225 M

0.61%

$0.06

0.83%

DBIWX - Profile

Distributions

  • YTD Total Return -12.7%
  • 3 Yr Annualized Total Return 4.4%
  • 5 Yr Annualized Total Return 3.7%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.29%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Quarterly

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 -12.7% -45.2% 1.0% 23.95%
1 Yr -3.2% -32.3% 15.5% 32.18%
3 Yr 4.4%* -2.4% 24.0% 76.15%
5 Yr 3.7%* -0.9% 15.2% 71.43%
10 Yr 7.3%* -2.0% 11.1% 16.78%

* Annualized

Return Ranking - Calendar

Period DBIWX Return Category Return Low Category Return High Rank in Category (%)
2021 5.2% -19.0% 48.3% 40.71%
2020 1.3% -16.5% 52.8% 77.64%
2019 N/A -8.5% 27.3% N/A
2018 N/A -29.6% 1.6% N/A
2017 N/A -11.6% 29.4% N/A

Total Return Ranking - Trailing

Period DBIWX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.7% -45.2% 5.1% 19.01%
1 Yr -3.2% -32.3% 15.5% 28.35%
3 Yr 4.4%* -2.5% 24.0% 72.38%
5 Yr 3.7%* -1.4% 15.2% 69.12%
10 Yr 7.3%* -2.0% 11.1% 16.11%

* Annualized

Total Return Ranking - Calendar

Period DBIWX Return Category Return Low Category Return High Rank in Category (%)
2021 5.2% -19.0% 48.3% 40.32%
2020 1.3% -16.5% 52.8% 77.64%
2019 N/A -8.5% 27.3% N/A
2018 N/A -29.6% 1.6% N/A
2017 N/A -5.4% 29.4% N/A

NAV & Total Return History

DBIWX - Holdings

Concentration Analysis

DBIWX Category Low Category High DBIWX % Rank
Net Assets 225 M 1.96 M 15.7 B 45.08%
Number of Holdings 96 2 3255 29.17%
Net Assets in Top 10 55.6 M 349 K 12.1 B 64.02%
Weighting of Top 10 26.14% 22.2% 100.0% 92.14%

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 		49.95% 0.00% 238.38% 43.18%
Cash 		24.23% -163.86% 88.88% 23.86%
Bonds 		20.98% 0.00% 194.08% 58.33%
Other 		4.84% -72.87% 73.78% 35.98%
Preferred Stocks 		0.00% 0.00% 6.21% 41.67%
Convertible Bonds 		0.00% 0.00% 8.92% 62.50%

Stock Sector Breakdown

Weighting Return Low Return High DBIWX % Rank
Healthcare 		24.86% 0.00% 38.63% 3.18%
Communication Services 		21.61% 0.00% 21.61% 0.45%
Technology 		15.36% 0.00% 85.77% 54.55%
Financial Services 		12.90% 0.00% 98.22% 48.64%
Industrials 		6.53% 0.00% 23.85% 73.18%
Utilities 		5.75% 0.00% 91.12% 23.18%
Consumer Defense 		4.65% 0.00% 37.51% 70.00%
Consumer Cyclical 		4.07% 0.00% 25.83% 74.09%
Basic Materials 		3.12% 0.00% 56.73% 54.09%
Real Estate 		1.13% 0.00% 99.45% 71.82%
Energy 		0.00% 0.00% 60.89% 89.55%

Stock Geographic Breakdown

Weighting Return Low Return High DBIWX % Rank
Non US 		34.15% -6.82% 98.11% 5.30%
US 		15.80% -1.19% 235.84% 71.59%

Bond Sector Breakdown

Weighting Return Low Return High DBIWX % Rank
Cash & Equivalents 		52.34% 0.22% 100.00% 35.98%
Government 		36.80% 0.00% 99.78% 39.77%
Corporate 		10.86% 0.00% 98.28% 34.85%
Derivative 		0.00% 0.00% 71.81% 58.71%
Securitized 		0.00% 0.00% 52.99% 58.33%
Municipal 		0.00% 0.00% 19.13% 47.73%

Bond Geographic Breakdown

Weighting Return Low Return High DBIWX % Rank
US 		15.15% -17.22% 123.28% 58.33%
Non US 		5.83% -2.67% 70.80% 40.53%

DBIWX - Expenses

Operational Fees

DBIWX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.83% 0.44% 3.72% 86.69%
Management Fee 0.60% 0.00% 1.50% 19.70%
12b-1 Fee N/A 0.00% 1.00% 6.82%
Administrative Fee 0.10% 0.05% 0.70% 36.73%

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 0.50% 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 43.00% 0.00% 441.00% 25.85%

DBIWX - Distributions

Dividend Yield Analysis

DBIWX Category Low Category High DBIWX % Rank
Dividend Yield 0.61% 0.00% 13.85% 25.38%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

DBIWX Category Low Category High DBIWX % Rank
Net Income Ratio 1.29% -2.12% 13.72% 27.80%

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

5.07

5.1%

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

5.07

5.1%

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

5.07

5.1%

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.

Fabian Degen

Start Date

Tenure

Tenure Rank

Mar 01, 2021

1.25

1.3%

Fabian Degen, CFA, Director. ■ Joined DWS in 2007. ■ Portfolio manager for US and Global Value Equity: New York. ■ Bachelor of International Business Administration in Investments and Finance from the International University of Applied Sciences Bad Honnef, Bonn with educational exchanges at the University of Maine (USA).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.83 6.58 13.0

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