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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$10.51

$753 M

3.85%

$0.41

0.88%

Vitals

YTD Return

3.8%

1 yr return

-13.9%

3 Yr Avg Return

-5.5%

5 Yr Avg Return

-2.8%

Net Assets

$753 M

Holdings in Top 10

11.3%

52 WEEK LOW AND HIGH

$10.5
$9.62
$12.27

Expenses

OPERATING FEES

Expense Ratio 0.88%

SALES FEES

Front Load 2.75%

Deferred Load N/A

TRADING FEES

Turnover 59.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$500


Fund Classification

Fund Type

Open End Mutual Fund


Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$10.51

$753 M

3.85%

$0.41

0.88%

NOTAX - Profile

Distributions

  • YTD Total Return 3.8%
  • 3 Yr Annualized Total Return -5.5%
  • 5 Yr Annualized Total Return -2.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.51%
DIVIDENDS
  • Dividend Yield 3.9%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    DWS Strategic High Yield Tax
  • Fund Family Name
    DWS
  • Inception Date
    May 01, 2000
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Generazo

NOTAX - Performance

Return Ranking - Trailing

Period NOTAX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.8% -15.2% 7.0% 41.15%
1 Yr -13.9% -18.2% 1.6% 85.27%
3 Yr -5.5%* -9.3% 2.3% 79.72%
5 Yr -2.8%* -5.3% 2.6% 88.66%
10 Yr -2.2%* -3.4% 4.3% 88.00%

* Annualized

Return Ranking - Calendar

Period NOTAX Return Category Return Low Category Return High Rank in Category (%)
2022 -19.5% -26.9% 2.6% 81.08%
2021 1.2% -1.0% 3.7% 36.53%
2020 0.1% -3.5% 5.7% 56.68%
2019 1.1% -4.1% 3.4% 71.09%
2018 -0.9% -1.2% 2.6% 95.31%

Total Return Ranking - Trailing

Period NOTAX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.8% -16.1% 7.0% 41.15%
1 Yr -13.9% -18.2% 1.6% 85.71%
3 Yr -5.5%* -9.3% 2.3% 79.72%
5 Yr -2.7%* -4.9% 2.6% 84.54%
10 Yr -2.2%* -3.4% 4.3% 87.20%

* Annualized

Total Return Ranking - Calendar

Period NOTAX Return Category Return Low Category Return High Rank in Category (%)
2022 -19.5% -26.9% 2.6% 81.08%
2021 1.2% -1.0% 3.7% 36.07%
2020 0.1% -3.5% 5.7% 56.68%
2019 1.1% -4.1% 3.4% 71.09%
2018 -0.9% -1.2% 2.6% 94.79%

NAV & Total Return History


NOTAX - Holdings

Concentration Analysis

NOTAX Category Low Category High NOTAX % Rank
Net Assets 753 M 9.79 K 20.2 B 54.71%
Number of Holdings 406 1 3950 59.19%
Net Assets in Top 10 96.4 M -102 M 3.41 B 52.91%
Weighting of Top 10 11.25% 1.1% 97.0% 61.71%

Top 10 Holdings

  1. TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 4% 1.49%
  2. M-S-R ENERGY AUTH CALIF GAS REV 7% 1.36%
  3. AKRON BATH COPLEY OHIO JT TWP HOSP DIST REV 5.25% 1.32%
  4. SOUTH CAROLINA ST PUB SVCS AUTH REV 5.25% 1.27%
  5. PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% 1.27%
  6. MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5.5% 1.27%
  7. MATAGORDA CNTY TEX NAV DIST NO 1 POLLUTN CTL REV 4.4% 1.25%
  8. SOUTH CAROLINA ST PUB SVCS AUTH REV 4% 1.22%
  9. CHICAGO ILL TRAN AUTH SALES TAX RCPTS REV 4% 1.20%
  10. ORANGE CNTY FLA HEALTH FACS AUTH REV 4% 1.16%

Asset Allocation

Weighting Return Low Return High NOTAX % Rank
Bonds
99.35% 0.00% 146.69% 40.71%
Cash
0.65% -3.16% 100.00% 60.09%
Stocks
0.00% 0.00% 5.80% 42.92%
Preferred Stocks
0.00% -47.61% 0.32% 31.84%
Other
0.00% 0.00% 0.18% 35.43%
Convertible Bonds
0.00% 0.00% 0.00% 28.25%

Bond Sector Breakdown

Weighting Return Low Return High NOTAX % Rank
Municipal
98.55% 0.00% 100.00% 44.39%
Corporate
0.80% 0.00% 4.15% 18.39%
Cash & Equivalents
0.65% 0.00% 100.00% 60.09%
Derivative
0.00% 0.00% 0.02% 30.94%
Securitized
0.00% 0.00% 22.44% 31.39%
Government
0.00% 0.00% 0.09% 31.39%

Bond Geographic Breakdown

Weighting Return Low Return High NOTAX % Rank
US
91.45% 0.00% 139.84% 48.43%
Non US
7.90% 0.00% 21.09% 39.46%

NOTAX - Expenses

Operational Fees

NOTAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.88% 0.05% 2.63% 39.45%
Management Fee 0.41% 0.00% 1.41% 21.68%
12b-1 Fee 0.25% 0.00% 1.00% 40.68%
Administrative Fee 0.10% 0.02% 0.35% 46.27%

Sales Fees

NOTAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.75% 1.00% 4.50% 80.00%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

NOTAX 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.

NOTAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 59.00% 2.00% 121.00% 87.98%

NOTAX - Distributions

Dividend Yield Analysis

NOTAX Category Low Category High NOTAX % Rank
Dividend Yield 3.85% 0.00% 12.84% 46.46%

Dividend Distribution Analysis

NOTAX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

NOTAX Category Low Category High NOTAX % Rank
Net Income Ratio 3.51% 1.11% 5.70% 31.42%

Capital Gain Distribution Analysis

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

Distributions History

View More +

NOTAX - Fund Manager Analysis

Managers

Michael Generazo


Start Date

Tenure

Tenure Rank

Jun 25, 2018

3.93

3.9%

Portfolio Manager for Municipal Bond Funds: Boston, MA Joined the Company in 1999 with 6 years of industry experience. Prior to his current role, Michael was a Municipal Bond Trader for Private Investment Clients. Previously, he served as a Trader and Portfolio Manager at Breckenridge Capital Advisors and as a Senior Financial Reporting Analyst at Massachusetts Financial Services. Michael began his career as a Financial Reporting Analyst at The Boston Company BS from Bryant College; MBA from Suffolk University

Chad Farrington


Start Date

Tenure

Tenure Rank

Dec 10, 2018

3.47

3.5%

Portfolio Manager for Municipal Bonds - Joined DWS in 2018 with 20 years of industry experience; previously, worked as Portfolio Manager, Head of Municipal Research, and Senior Credit Analyst at Columbia Threadneedle - BS, Montana State University

Matthew Caggiano


Start Date

Tenure

Tenure Rank

Oct 01, 2021

0.66

0.7%

Portfolio Manager for Municipal Bonds: Boston, MA Joined the Company in 1989. Prior to his current role, Matthew served as a Portfolio Manager and Trader for Insurance portfolios. Previously, Matthew served as an Assistant Trader for Tax Exempt Municipal Bond funds and as a Research Assistant for the Municipal Bond Group BS from Pennsylvania State University; MS from Boston College; CFA Charterholder

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 21.43 7.34 2.52