DWS Science and Technology Fund
Fund
KTCAX
Price as of:
$32.31
- $0.25
- 0.77%
Primary Theme
fund company
Name
As of 12/06/2023Price
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
48.0%
1 yr return
44.5%
3 Yr Avg Return
5.6%
5 Yr Avg Return
18.1%
Net Assets
$1.18 B
Holdings in Top 10
56.5%
52 WEEK LOW AND HIGH
$32.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.89%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 21.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$500
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/06/2023Price
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
KTCAX - Profile
Distributions
- YTD Total Return 48.0%
- 3 Yr Annualized Total Return 5.6%
- 5 Yr Annualized Total Return 18.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.40%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameDWS Science and Technology Fund
-
Fund Family NameDWS Funds
-
Inception DateSep 07, 1948
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSebastian Werner
Fund Description
Main investments. Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in common stocks of science and technology companies. Science and technology companies are (i) companies whose products, processes, or services, in the opinion of portfolio management, benefit, or are expected to benefit, from the use or commercial application of scientific or technological developments or discoveries; or (ii) companies that, in the opinion of portfolio management, utilize technology and/or science to significantly enhance their business opportunities. Such companies may include companies that, in the opinion of portfolio management, derive a competitive advantage by the application of scientific or technological developments or discoveries. For illustrative purposes, examples of the types of companies in which the fund expects to typically invest include software or hardware manufacturers that invest in developing and maintaining technology products or service offerings; service companies that provide technology service offerings; and biotech companies that invest in scientific research to develop treatments for diseases. The fund may invest in companies of any size and may invest in initial public offerings. While the fund invests mainly in US stocks, it could invest up to 35% of net assets in foreign securities (including emerging markets securities). The fund will concentrate its assets in the group of industries constituting the technology sector and may concentrate in one or more industries in the technology sector. Portfolio management may favor securities from various industries and companies within the technology sector at different times.The fund may also invest up to 20% of its total assets in debt securities, including bonds of private issuers.Management process. In choosing securities, portfolio management uses a combination of three analytical disciplines:Bottom-up research. Portfolio management looks for individual companies that it believes have a history of above-average growth, strong competitive positioning, attractive prices relative to potential growth, innovative products and services, sound financial strength and effective management, among other factors.Growth orientation. Portfolio management generally looks for companies that it believes have above-average potential for sustainable growth of revenue or earnings and whose market value appears reasonable in light of their business prospects.Top-down analysis. Portfolio management considers the economic outlooks for various industries within the technology sector and looks for those that they believe may benefit from changes in the overall business environment.In addition, portfolio management uses quantitative analytic tools to attempt to manage the price volatility of the fund as compared to appropriate benchmarks and peer groups. Portfolio management may also consider environmental, social and governance (ESG) factors that it believes to be financially material.Portfolio management will normally sell a stock when they believe its price is unlikely to go higher, its fundamentals have changed, other investments offer better opportunities, or in adjusting their emphasis on a given technology industry.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.
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KTCAX - Performance
Return Ranking - Trailing
| Period | KTCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 48.0% | -13.2% | 82.0% | 15.22% |
| 1 Yr | 44.5% | -15.3% | 66.4% | 23.91% |
| 3 Yr | 5.6%* | -26.7% | 18.2% | 27.43% |
| 5 Yr | 18.1%* | -3.4% | 29.8% | 31.19% |
| 10 Yr | 13.0%* | 0.9% | 24.9% | 70.59% |
* Annualized
Return Ranking - Calendar
| Period | KTCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -40.2% | -73.9% | -16.4% | 54.63% |
| 2021 | 10.6% | -44.6% | 51.5% | 39.38% |
| 2020 | 35.8% | 5.5% | 154.1% | 67.92% |
| 2019 | 30.2% | -3.0% | 63.7% | 64.85% |
| 2018 | -12.8% | -49.7% | 12.3% | 50.54% |
Total Return Ranking - Trailing
| Period | KTCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 48.0% | -13.2% | 82.0% | 15.22% |
| 1 Yr | 44.5% | -15.3% | 66.4% | 23.91% |
| 3 Yr | 5.6%* | -26.7% | 18.2% | 27.43% |
| 5 Yr | 18.1%* | -3.4% | 29.8% | 31.19% |
| 10 Yr | 13.0%* | 0.9% | 24.9% | 70.59% |
* Annualized
Total Return Ranking - Calendar
| Period | KTCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -36.7% | -67.5% | -5.9% | 55.51% |
| 2021 | 22.9% | -17.8% | 59.2% | 30.09% |
| 2020 | 46.1% | 8.8% | 157.5% | 61.79% |
| 2019 | 42.2% | 7.5% | 66.9% | 42.08% |
| 2018 | -1.0% | -49.7% | 13.9% | 42.93% |
NAV & Total Return History
KTCAX - Holdings
Concentration Analysis
| KTCAX | Category Low | Category High | KTCAX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.18 B | 4.18 M | 58.1 B | 43.10% |
| Number of Holdings | 66 | 10 | 325 | 43.53% |
| Net Assets in Top 10 | 712 M | 1.27 M | 39.8 B | 37.50% |
| Weighting of Top 10 | 56.51% | 11.5% | 100.0% | 27.59% |
Top 10 Holdings
- NVIDIA Corp 11.06%
- Meta Platforms Inc 8.17%
- Microsoft Corp 7.37%
- Apple Inc 5.55%
- Alphabet Inc 5.52%
- Alphabet Inc 4.80%
- Broadcom Inc 4.74%
- DWS Central Cash Management Government Fund 3.83%
- Salesforce Inc 3.06%
- Advanced Micro Devices Inc 2.40%
Asset Allocation
| Weighting | Return Low | Return High | KTCAX % Rank | |
|---|---|---|---|---|
| Stocks | 96.02% | 0.00% | 105.99% | 90.52% |
| Cash | 3.98% | -0.14% | 23.62% | 17.67% |
| Preferred Stocks | 0.00% | 0.00% | 7.74% | 15.52% |
| Other | 0.00% | -0.14% | 26.87% | 46.12% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 28.02% |
| Bonds | 0.00% | 0.00% | 91.49% | 28.02% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | KTCAX % Rank | |
|---|---|---|---|---|
| Technology | 61.71% | 2.80% | 100.00% | 72.84% |
| Communication Services | 16.12% | 0.00% | 97.05% | 11.64% |
| Financial Services | 10.26% | 0.00% | 38.36% | 7.76% |
| Consumer Cyclical | 6.82% | 0.00% | 32.97% | 46.98% |
| Healthcare | 2.79% | 0.00% | 25.57% | 23.28% |
| Industrials | 2.30% | 0.00% | 38.68% | 38.79% |
| Utilities | 0.00% | 0.00% | 5.17% | 26.29% |
| Real Estate | 0.00% | 0.00% | 15.05% | 41.38% |
| Energy | 0.00% | 0.00% | 1.24% | 26.72% |
| Consumer Defense | 0.00% | 0.00% | 5.64% | 35.34% |
| Basic Materials | 0.00% | 0.00% | 2.38% | 32.76% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | KTCAX % Rank | |
|---|---|---|---|---|
| US | 95.62% | 0.00% | 101.15% | 57.76% |
| Non US | 0.40% | 0.00% | 55.98% | 52.59% |
KTCAX - Expenses
Operational Fees
| KTCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.89% | 0.08% | 6.86% | 60.00% |
| Management Fee | 0.45% | 0.03% | 1.95% | 11.64% |
| 12b-1 Fee | 0.22% | 0.00% | 1.00% | 42.19% |
| Administrative Fee | 0.10% | 0.00% | 0.50% | 31.48% |
Sales Fees
| KTCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 3.50% | 5.75% | 32.14% |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| KTCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 10.00% |
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.
| KTCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 21.00% | 0.69% | 281.00% | 17.03% |
KTCAX - Distributions
Dividend Yield Analysis
| KTCAX | Category Low | Category High | KTCAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 18.89% | 43.10% |
Dividend Distribution Analysis
| KTCAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| KTCAX | Category Low | Category High | KTCAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.40% | -2.30% | 2.08% | 44.74% |
Capital Gain Distribution Analysis
| KTCAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 13, 2019 | $2.188 | OrdinaryDividend |
| Dec 14, 2017 | $0.011 | OrdinaryDividend |
| Dec 14, 2010 | $0.006 | OrdinaryDividend |
KTCAX - Fund Manager Analysis
Managers
Sebastian Werner
Start Date
Tenure
Tenure Rank
Dec 01, 2017
4.5
4.5%
Sebastian P. Werner, PhD, Director and Portfolio Manager, has joined Deutsche Asset & Wealth Management in 2008. Previously, he served as a Research assistand for the Endowed Chair of Asset Management at the European Business School, Oestrich-Winkel while earning his PhD. He hold a MBA in International Management from the Thunderbird School fo Global Management. And he also holds a Masters Degree ("Diplom-Kaufmann") and PhD in Finance ("Dr.rer.pol.") from the European Business School, Oestrich-Winkel
Daniel Fletcher
Start Date
Tenure
Tenure Rank
Dec 01, 2017
4.5
4.5%
Joined Deutsche Asset Management in 2017. Prior to joining, he worked in portfolio management and equity research at Neuberger Berman, with a focus on technology, media and telecommunications companies. Before that, he worked as a telecommunications services analyst and in equity research management at Lehman Brothers. Previously, he served in investment research and execution functions at The Batavia Group and as a structured finance analyst at Deloitte & Touche.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 32.43 | 8.33 | 1.41 |