SKRRX: DWS Enhanced Commodity Strategy R6

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SKRRX DWS Enhanced Commodity Strategy R6


Profile

SKRRX - Profile

Vitals

  • YTD Return -8.6%
  • 3 Yr Annualized Return -8.9%
  • 5 Yr Annualized Return N/A
  • Net Assets $1.82 B
  • Holdings in Top 10 41.6%

52 WEEK LOW AND HIGH

$8.73
$7.43
$9.65

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.08%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 68.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Commodities Broad Basket

Distributions

  • YTD Total Return -8.6%
  • 3 Yr Annualized Total Return -8.9%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 1.42%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    DWS Enhanced Commodity Strategy Fund
  • Fund Family Name
    DWS
  • Inception Date
    Jun 01, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Darwei Kung

Fund Description

The fund invests in commodity-linked derivative instruments backed by a portfolio of fixed income instruments. It invests in commodity-linked derivative instruments (a contract whose value is based on a particular commodity), such as commodity-linked swap contracts, commodity-linked structured notes, options and futures contracts, to gain exposure to the investment return of assets that trade in the commodity markets, without investing directly in physical commodities.


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Categories

Performance

SKRRX - Performance

Return Ranking - Trailing

Period SKRRX Return Category Return Low Category Return High Rank in Category (%)
YTD -8.6% -32.0% 272.3% 50.00%
1 Yr -7.3% -35.1% 277.4% 57.41%
3 Yr -8.9%* -22.0% 44.1% 80.00%
5 Yr N/A* -16.3% 24.6% 16.85%
10 Yr N/A* -16.4% -5.1% 6.90%

* Annualized

Return Ranking - Calendar

Period SKRRX Return Category Return Low Category Return High Rank in Category (%)
2019 1.0% -8.3% 16.6% 91.59%
2018 -20.8% -42.9% -0.2% 82.11%
2017 1.1% -13.1% 10.5% 51.65%
2016 N/A 3.1% 22.1% N/A
2015 N/A -64.9% -7.2% N/A

Total Return Ranking - Trailing

Period SKRRX Return Category Return Low Category Return High Rank in Category (%)
YTD -8.6% -32.0% 272.3% 50.00%
1 Yr -7.3% -35.1% 277.4% 57.41%
3 Yr -8.9%* -22.0% 51.6% 86.32%
5 Yr N/A* -16.3% 28.3% 29.21%
10 Yr N/A* -14.6% -3.5% 6.90%

* Annualized

Total Return Ranking - Calendar

Period SKRRX Return Category Return Low Category Return High Rank in Category (%)
2019 1.0% -8.3% 16.6% 91.59%
2018 -20.8% -42.9% -0.2% 91.58%
2017 1.1% -8.3% 10.9% 76.92%
2016 N/A 3.1% 23.2% N/A
2015 N/A -62.9% -7.2% N/A

NAV & Total Return History


Holdings

SKRRX - Holdings

Concentration Analysis

SKRRX Category Low Category High SKRRX % Rank
Net Assets 1.82 B 1.19 M 6.15 B 16.51%
Number of Holdings 307 4 695 23.85%
Net Assets in Top 10 683 M 523 K 5.61 B 12.84%
Weighting of Top 10 41.57% 11.5% 95.5% 79.41%

Top 10 Holdings

  1. DWS CAYMAN COMMODITY II LTD 21.19%
  2. United States Treasury Notes 0.38% 2.82%
  3. United States Treasury Notes 0.12% 2.79%
  4. United States Treasury Notes 0.12% 2.78%
  5. United States Treasury Notes 0.5% 2.46%
  6. United States Treasury Notes 1.75% 2.18%
  7. United States Treasury Notes 2.75% 1.96%
  8. United States Treasury Notes 1.62% 1.90%
  9. United States Treasury Notes 2.12% 1.87%
  10. DWS ESG Liquidity Capital 1.64%

Asset Allocation

Weighting Return Low Return High SKRRX % Rank
Bonds
68.11% 0.00% 89.50% 22.94%
Other
21.19% 0.00% 108.57% 49.54%
Cash
8.79% -52.27% 92.75% 71.56%
Convertible Bonds
1.91% 0.00% 4.02% 14.68%
Stocks
0.00% 0.00% 48.31% 53.21%
Preferred Stocks
0.00% 0.00% 0.00% 43.12%

Bond Sector Breakdown

Weighting Return Low Return High SKRRX % Rank
Government
37.28% 0.00% 99.02% 27.52%
Corporate
29.42% 0.00% 67.90% 17.43%
Securitized
21.65% 0.00% 32.71% 13.76%
Cash & Equivalents
11.18% 0.98% 100.00% 79.82%
Municipal
0.47% 0.00% 1.37% 13.76%
Derivative
0.00% 0.00% 10.47% 52.29%

Bond Geographic Breakdown

Weighting Return Low Return High SKRRX % Rank
US
54.45% 0.00% 93.70% 29.36%
Non US
13.66% -4.20% 17.11% 12.84%

Expenses

SKRRX - Expenses

Operational Fees

SKRRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.08% 0.01% 19.14% 71.30%
Management Fee 0.86% 0.00% 1.75% 70.64%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.10% 0.04% 0.45% 42.22%

Sales Fees

SKRRX 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% 4.00% N/A

Trading Fees

SKRRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 31.58%

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.

SKRRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 68.00% 0.00% 262.00% 73.27%

Distributions

SKRRX - Distributions

Dividend Yield Analysis

SKRRX Category Low Category High SKRRX % Rank
Dividend Yield 0.00% 0.00% 2.01% 44.95%

Dividend Distribution Analysis

SKRRX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

SKRRX Category Low Category High SKRRX % Rank
Net Income Ratio 1.42% -2.28% 3.57% 37.04%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

SKRRX - Fund Manager Analysis

Managers

Darwei Kung


Start Date

Tenure

Tenure Rank

Apr 01, 2010

10.42

10.4%

Darwei Kung, Managing Director, has joined Deutsche Asset Management in 2006. Previously he has worked as a Director, Engineering and Business Development at Calpoint LLC from 2001-2004. He holds a BS and MS from University of Washington, Seattle; a MS and MBA from Carnegie Mellon University.

Sonali Kapoor


Start Date

Tenure

Tenure Rank

Oct 01, 2015

4.92

4.9%

SONALI KAPOOR has joined DWS in 2013 with 3 years of industry experience. Prior to joining, she served in Foreign Exchange Sales covering Institutional Clients at BNP Paribas. Prior to that, she provided Fixed Income Coverage and Execution to Energy, Utility and Real Estate Companies in the Debt Capital Markets Group at UBS Securities. Started her career in Mathematical Modeling and Quantitative Analysis of Cash CLOs in the Credit Structuring Group at UBS Securities.

Rick Smith


Start Date

Tenure

Tenure Rank

Feb 01, 2016

4.58

4.6%

RICK SMITH, CFA, MANAGING DIRECTOR and Portfolio Manager. Joined DWS Investment Management Americas, Inc. in 2004. Prior to joining, he served as a Fixed Income Investment Grade Portfolio Manager at MFS Investments. Previously, he worked as a Research Analyst at Salomon Brothers. Senior Portfolio Manager: New York. BA in Economics, Vassar College; MBA in Finance, Vanderbilt University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 15.28 6.0 9.76