DWS Tax-Exempt Portfolio
Name
As of 12/24/2024Price
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
3.2%
1 yr return
3.2%
3 Yr Avg Return
2.3%
5 Yr Avg Return
1.5%
Net Assets
$281 M
Holdings in Top 10
32.9%
52 WEEK LOW AND HIGH
$1.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.42%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$500
Fund Classification
Fund Type
Money Market Fund
Name
As of 12/24/2024Price
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
DTBXX - Profile
Distributions
- YTD Total Return 3.2%
- 3 Yr Annualized Total Return 2.3%
- 5 Yr Annualized Total Return 1.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.03%
- Dividend Yield 2.8%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameDWS Tax-Exempt Portfolio
-
Fund Family NameDWS Funds
-
Inception DateMar 19, 2007
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerManagement Team
Fund Description
Main investments. The fund normally invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in municipal securities, the income from which is free from regular federal income tax and alternative minimum tax (AMT). This policy is fundamental and may not be changed without shareholder approval.The fund is a money market fund that is managed in accordance with federal regulations, which govern the quality, maturity, diversity and liquidity of instruments in which a money market fund may invest.The fund follows policies designed to maintain a stable $1.00 share price.The fund may invest in municipal trust receipts (MTRs), general obligation and revenue notes and bonds, municipal obligations backed by third parties, obligations of the territories or Commonwealths of the US and other municipal instruments paying a fixed, variable or floating interest rate.The fund is designed for investors in a moderate to high tax bracket who are interested in federal tax-exempt income along with the liquidity and stability that a money market fund is designed to offer.Management process. Working in consultation with portfolio management, a credit team screens potential securities and develops a list of those that the fund may buy. Portfolio management, looking for attractive yield and weighing considerations such as credit quality, economic outlooks and possible interest rate movements, then decides which securities on this list to buy.
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DTBXX - Performance
Return Ranking - Trailing
| Period | DTBXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.2% | 2.2% | 5.2% | 46.58% |
| 1 Yr | 3.2% | 2.2% | 5.2% | 46.58% |
| 3 Yr | 2.3%* | 1.5% | 3.8% | 43.08% |
| 5 Yr | 1.5%* | 0.9% | 2.3% | 36.23% |
| 10 Yr | N/A* | 0.7% | 1.3% | 22.22% |
* Annualized
Return Ranking - Calendar
| Period | DTBXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 0.0% | 0.0% | 0.0% | 60.81% |
| 2022 | 0.0% | 0.0% | 0.0% | 59.46% |
| 2021 | 0.0% | 0.0% | 0.0% | 56.06% |
| 2020 | 0.0% | 0.0% | 0.0% | 56.25% |
| 2019 | 0.0% | 0.0% | 0.0% | 60.29% |
Total Return Ranking - Trailing
| Period | DTBXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.2% | 2.2% | 5.2% | 46.58% |
| 1 Yr | 3.2% | 2.2% | 5.2% | 46.58% |
| 3 Yr | 2.3%* | 1.5% | 3.8% | 43.08% |
| 5 Yr | 1.5%* | 0.9% | 2.3% | 36.23% |
| 10 Yr | N/A* | 0.7% | 1.3% | 22.22% |
* Annualized
Total Return Ranking - Calendar
| Period | DTBXX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 3.3% | 2.0% | 5.4% | 28.38% |
| 2022 | 1.0% | 0.2% | 1.2% | 16.22% |
| 2021 | 0.0% | 0.0% | 0.3% | 16.67% |
| 2020 | 0.4% | 0.0% | 1.3% | 26.56% |
| 2019 | 1.3% | 0.1% | 2.7% | 42.65% |
NAV & Total Return History
DTBXX - Holdings
Concentration Analysis
| DTBXX | Category Low | Category High | DTBXX % Rank | |
|---|---|---|---|---|
| Net Assets | 281 M | 3.67 M | 19.7 B | 64.86% |
| Number of Holdings | 126 | 1 | 921 | 52.70% |
| Net Assets in Top 10 | 58 M | 40.6 M | 17.4 B | 90.54% |
| Weighting of Top 10 | 32.94% | 9.8% | 100.0% | 40.54% |
Top 10 Holdings
- NUVEEN MUN CR OPPORTUNITIES FD 0.55% 4.71%
- NUVEEN CALIF DIVID ADVANTAGE MUN FD 0.53% 4.71%
- SAN FRANCISCO CALIF CITY & CNTY MULTIFAMILY HSG REV 0.11% 4.62%
- TENDER OPT BD TR RCPTS / CTFS VAR STS 0.5% 3.86%
- CUYAHOGA CNTY OHIO HEALTH CARE FACS REV 0.48% 3.86%
- ALLEN CNTY OHIO HOSP FACS REV 0.16% 3.81%
- CALIFORNIA ST DEPT WTR RES WTR REV IAM COML PAPER NTS 3/A2 SER 1 0.14% 3.78%
- WISCONSIN ST HEALTH & EDL FACS AUTH REV 0.43% 3.66%
- CALIFORNIA ST DEPT WTR RES WTR REV IAM COML PAPER NTS 3/A2 SER 1 0.15% 3.56%
- ALLEGHENY CNTY PA HOSP DEV AUTH REV 0.05% 3.55%
Asset Allocation
| Weighting | Return Low | Return High | DTBXX % Rank | |
|---|---|---|---|---|
| Bonds | 86.61% | 0.00% | 99.21% | 29.73% |
| Cash | 13.39% | 0.79% | 100.00% | 70.27% |
| Stocks | 0.00% | 0.00% | 0.00% | 58.11% |
| Preferred Stocks | 0.00% | 0.00% | 0.00% | 58.11% |
| Other | 0.00% | 0.00% | 0.00% | 58.11% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 58.11% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | DTBXX % Rank | |
|---|---|---|---|---|
| Municipal | 86.61% | 0.00% | 99.21% | 29.73% |
| Cash & Equivalents | 13.39% | 0.79% | 100.00% | 70.27% |
| Derivative | 0.00% | 0.00% | 0.00% | 58.11% |
| Securitized | 0.00% | 0.00% | 0.00% | 58.11% |
| Corporate | 0.00% | 0.00% | 0.00% | 58.11% |
| Government | 0.00% | 0.00% | 13.45% | 63.51% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | DTBXX % Rank | |
|---|---|---|---|---|
| US | 86.61% | 0.00% | 99.21% | 29.73% |
| Non US | 0.00% | 0.00% | 0.00% | 58.11% |
DTBXX - Expenses
Operational Fees
| DTBXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.42% | 0.15% | 1.77% | 54.05% |
| Management Fee | 0.08% | 0.08% | 0.49% | 8.11% |
| 12b-1 Fee | N/A | 0.00% | 0.75% | N/A |
| Administrative Fee | 0.10% | 0.05% | 0.50% | 17.31% |
Sales Fees
| DTBXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | N/A | N/A | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| DTBXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | N/A | N/A | 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.
| DTBXX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | N/A | 0.00% | 0.00% | N/A |
DTBXX - Distributions
Dividend Yield Analysis
| DTBXX | Category Low | Category High | DTBXX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.76% | 2.26% | 5.22% | 40.54% |
Dividend Distribution Analysis
| DTBXX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Monthly | Monthly |
Net Income Ratio Analysis
| DTBXX | Category Low | Category High | DTBXX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.03% | 0.00% | 0.12% | 9.46% |
Capital Gain Distribution Analysis
| DTBXX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 29, 2024 | $0.002 | OrdinaryDividend |
| Oct 31, 2024 | $0.003 | OrdinaryDividend |
| Sep 30, 2024 | $0.003 | OrdinaryDividend |
| Aug 30, 2024 | $0.003 | OrdinaryDividend |
| Jul 31, 2024 | $0.002 | OrdinaryDividend |
| Apr 30, 2024 | $0.003 | OrdinaryDividend |
| Mar 28, 2024 | $0.003 | OrdinaryDividend |
| Feb 29, 2024 | $0.002 | OrdinaryDividend |
| Jan 31, 2024 | $0.002 | OrdinaryDividend |
| Dec 29, 2023 | $0.003 | OrdinaryDividend |
| Nov 30, 2023 | $0.003 | OrdinaryDividend |
| Oct 31, 2023 | $0.003 | OrdinaryDividend |
| Sep 29, 2023 | $0.003 | OrdinaryDividend |
| Aug 31, 2023 | $0.003 | OrdinaryDividend |
| Jul 31, 2023 | $0.003 | OrdinaryDividend |
| Jun 30, 2023 | $0.003 | OrdinaryDividend |
| May 31, 2023 | $0.003 | OrdinaryDividend |
| Apr 28, 2023 | $0.002 | OrdinaryDividend |
| Mar 31, 2023 | $0.002 | OrdinaryDividend |
| Feb 28, 2023 | $0.002 | OrdinaryDividend |
| Jan 31, 2023 | $0.002 | OrdinaryDividend |
| Dec 30, 2022 | $0.002 | OrdinaryDividend |
| Nov 30, 2022 | $0.002 | OrdinaryDividend |
| Oct 31, 2022 | $0.002 | OrdinaryDividend |
| Sep 30, 2022 | $0.001 | OrdinaryDividend |
| Aug 31, 2022 | $0.001 | OrdinaryDividend |
| Jul 29, 2022 | $0.001 | OrdinaryDividend |
| Jun 30, 2022 | $0.001 | OrdinaryDividend |
| May 31, 2022 | $0.000 | OrdinaryDividend |
| Apr 29, 2022 | $0.000 | OrdinaryDividend |
| Mar 31, 2022 | $0.000 | OrdinaryDividend |
| Feb 28, 2022 | $0.000 | OrdinaryDividend |
| Jan 31, 2022 | $0.000 | OrdinaryDividend |
| Apr 30, 2021 | $0.000 | OrdinaryDividend |
| Mar 31, 2021 | $0.000 | OrdinaryDividend |
| Feb 26, 2021 | $0.000 | OrdinaryDividend |
| Dec 31, 2020 | $0.000 | OrdinaryDividend |
| Nov 30, 2020 | $0.000 | OrdinaryDividend |
| Oct 30, 2020 | $0.000 | OrdinaryDividend |
| Sep 30, 2020 | $0.000 | OrdinaryDividend |
| Aug 31, 2020 | $0.000 | OrdinaryDividend |
| Jul 31, 2020 | $0.000 | OrdinaryDividend |
| Jun 30, 2020 | $0.000 | OrdinaryDividend |
| May 29, 2020 | $0.000 | OrdinaryDividend |
| Mar 31, 2020 | $0.002 | OrdinaryDividend |
| Jan 31, 2020 | $0.001 | OrdinaryDividend |
| Dec 31, 2019 | $0.001 | OrdinaryDividend |
| Nov 29, 2019 | $0.001 | OrdinaryDividend |
| Oct 31, 2019 | $0.001 | OrdinaryDividend |
| Sep 30, 2019 | $0.001 | OrdinaryDividend |
| Aug 30, 2019 | $0.001 | OrdinaryDividend |
| Jul 31, 2019 | $0.001 | OrdinaryDividend |