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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$12.57

$1.01 B

0.00%

0.88%

Vitals

YTD Return

2.4%

1 yr return

7.5%

3 Yr Avg Return

6.1%

5 Yr Avg Return

4.9%

Net Assets

$1.01 B

Holdings in Top 10

11.5%

52 WEEK LOW AND HIGH

$12.6
$12.17
$12.76

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

Investment Style

High Yield Muni


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$12.57

$1.01 B

0.00%

0.88%

NOTAX - Profile

Distributions

  • YTD Total Return 2.4%
  • 3 Yr Annualized Total Return 5.1%
  • 5 Yr Annualized Total Return 4.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.51%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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 2.4% -1.8% 5.9% 48.64%
1 Yr 7.5% 0.4% 14.1% 35.59%
3 Yr 6.1%* 2.3% 10.5% 62.21%
5 Yr 4.9%* 2.0% 8.8% 76.81%
10 Yr 4.7%* 3.6% 9.1% 87.97%

* Annualized

Return Ranking - Calendar

Period NOTAX Return Category Return Low Category Return High Rank in Category (%)
2020 0.3% -10.1% 4.2% 55.30%
2019 4.3% -0.7% 9.1% 70.75%
2018 -4.6% -5.7% 95.6% 95.88%
2017 2.4% -0.7% 8.6% 79.77%
2016 -3.1% -6.7% -0.8% 50.00%

Total Return Ranking - Trailing

Period NOTAX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.4% -1.8% 5.9% 48.64%
1 Yr 4.5% -1.3% 14.1% 74.77%
3 Yr 5.1%* 2.3% 10.5% 74.19%
5 Yr 4.3%* 2.0% 8.8% 87.44%
10 Yr 4.4%* 3.6% 9.1% 89.24%

* Annualized

Total Return Ranking - Calendar

Period NOTAX Return Category Return Low Category Return High Rank in Category (%)
2020 0.3% -10.1% 4.2% 55.30%
2019 4.3% -0.7% 9.1% 70.75%
2018 -4.4% -5.7% 4.2% 95.36%
2017 2.5% -0.7% 9.8% 77.46%
2016 -3.0% -6.3% 1.1% 46.99%

NAV & Total Return History


NOTAX - Holdings

Concentration Analysis

NOTAX Category Low Category High NOTAX % Rank
Net Assets 1.01 B 10.7 K 25 B 49.78%
Number of Holdings 389 1 4026 62.50%
Net Assets in Top 10 114 M -39.2 M 3.51 B 52.23%
Weighting of Top 10 11.52% 1.1% 100.0% 65.63%

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% 1.32%
  3. MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV 5.5% 1.27%
  4. MATAGORDA CNTY TEX NAV DIST NO 1 POLLUTN CTL REV 4.4% 1.25%
  5. AKRON BATH COPLEY OHIO JT TWP HOSP DIST REV 5.25% 1.22%
  6. SOUTH CAROLINA ST PUB SVCS AUTH REV 5.25% 1.21%
  7. PUERTO RICO COMWLTH AQUEDUCT & SWR AUTH REV 5% 1.18%
  8. NEW YORK CNTYS TOB TR IV 0% 1.13%
  9. FLORIDA ST TPK AUTH TPK REV 3% 1.10%
  10. NEW JERSEY ECONOMIC DEV AUTH REV 5.5% 1.09%

Asset Allocation

Weighting Return Low Return High NOTAX % Rank
Bonds
99.94% 0.00% 141.23% 27.68%
Cash
0.06% -4.63% 99.53% 70.54%
Stocks
0.00% -0.10% 5.41% 44.64%
Preferred Stocks
0.00% -42.06% 0.31% 30.36%
Other
0.00% -0.65% 100.00% 34.38%
Convertible Bonds
0.00% 0.00% 0.00% 28.13%

Bond Sector Breakdown

Weighting Return Low Return High NOTAX % Rank
Municipal
99.42% 0.47% 100.00% 39.91%
Corporate
0.52% 0.00% 4.16% 18.39%
Cash & Equivalents
0.06% 0.00% 99.53% 81.61%
Derivative
0.00% 0.00% 0.02% 29.60%
Securitized
0.00% 0.00% 20.38% 29.60%
Government
0.00% 0.00% 0.34% 35.87%

Bond Geographic Breakdown

Weighting Return Low Return High NOTAX % Rank
US
91.87% 0.00% 134.79% 45.98%
Non US
8.07% 0.00% 18.14% 36.61%

NOTAX - Expenses

Operational Fees

NOTAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.88% 0.05% 2.56% 38.35%
Management Fee 0.41% 0.00% 1.00% 20.54%
12b-1 Fee 0.25% 0.00% 1.00% 42.98%
Administrative Fee 0.10% 0.02% 0.35% 54.55%

Sales Fees

NOTAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.75% 1.00% 5.75% 81.82%
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 1.00% 1.00% 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.

NOTAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 59.00% 7.00% 250.00% 86.18%

NOTAX - Distributions

Dividend Yield Analysis

NOTAX Category Low Category High NOTAX % Rank
Dividend Yield 0.00% 0.00% 1.77% 29.91%

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% 0.75% 6.78% 37.84%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

NOTAX - Fund Manager Analysis

Managers

Michael Generazo


Start Date

Tenure

Tenure Rank

Jun 25, 2018

3.44

3.4%

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

2.98

3.0%

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

0.16

0.2%

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
0.03 23.68 7.35 2.02