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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.28

$3.63 B

0.00%

0.76%

Vitals

YTD Return

-0.9%

1 yr return

4.1%

3 Yr Avg Return

4.6%

5 Yr Avg Return

2.8%

Net Assets

$3.63 B

Holdings in Top 10

10.4%

52 WEEK LOW AND HIGH

$9.3
$9.12
$9.48

Expenses

OPERATING FEES

Expense Ratio 0.76%

SALES FEES

Front Load 2.75%

Deferred Load N/A

TRADING FEES

Turnover 29.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$500


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Muni National Long


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$9.28

$3.63 B

0.00%

0.76%

SMLAX - Profile

Distributions

  • YTD Total Return -0.9%
  • 3 Yr Annualized Total Return 3.7%
  • 5 Yr Annualized Total Return 2.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.77%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    DWS Managed Municipal Bond Fund
  • Fund Family Name
    DWS
  • Inception Date
    Jun 11, 2001
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Matthew Caggiano

SMLAX - Performance

Return Ranking - Trailing

Period SMLAX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -88.5% 100.4% 54.69%
1 Yr 4.1% -20.5% 20.4% 26.89%
3 Yr 4.6%* -6.2% 10.4% 36.01%
5 Yr 2.8%* -3.5% 6.8% 38.53%
10 Yr 3.9%* -0.2% 8.7% 31.95%

* Annualized

Return Ranking - Calendar

Period SMLAX Return Category Return Low Category Return High Rank in Category (%)
2020 1.1% -91.1% 310.0% 64.56%
2019 4.3% -79.8% 15.4% 29.56%
2018 -3.2% -72.6% 97.2% 73.05%
2017 2.0% -100.0% 7.6% 34.44%
2016 -3.5% -35.9% 96.8% 78.56%

Total Return Ranking - Trailing

Period SMLAX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -88.5% 100.3% 54.69%
1 Yr 1.2% -24.2% 24.2% 49.26%
3 Yr 3.7%* -7.0% 11.7% 53.54%
5 Yr 2.2%* -4.0% 6.8% 50.97%
10 Yr 3.6%* -0.6% 8.7% 38.35%

* Annualized

Total Return Ranking - Calendar

Period SMLAX Return Category Return Low Category Return High Rank in Category (%)
2020 1.1% -91.1% 310.0% 64.52%
2019 4.3% -79.8% 15.4% 30.25%
2018 -3.2% -72.6% 11.0% 74.04%
2017 2.0% -100.0% 7.6% 38.25%
2016 -3.5% -35.9% 3.0% 80.33%

NAV & Total Return History


SMLAX - Holdings

Concentration Analysis

SMLAX Category Low Category High SMLAX % Rank
Net Assets 3.63 B 878 K 87.9 B 11.21%
Number of Holdings 459 1 12437 19.13%
Net Assets in Top 10 383 M -308 M 3.93 B 6.60%
Weighting of Top 10 10.35% 2.3% 100.0% 87.00%

Top 10 Holdings

  1. NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 4% 1.29%
  2. PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5% 1.27%
  3. NEW YORK LIBERTY DEV CORP LIBERTY REV 5.25% 1.23%
  4. PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% 1.16%
  5. SOUTH CAROLINA ST PUB SVCS AUTH REV 5.75% 1.08%
  6. MIAMI-DADE CNTY FLA WTR & SWR REV 4% 1.02%
  7. NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5% 0.93%
  8. TARRANT CNTY TEX CULTURAL ED FACS FIN CORP REV 5% 0.82%
  9. BROWARD CNTY FLA ARPT SYS REV 5% 0.82%
  10. COLORADO HEALTH FACS AUTH REV 5% 0.81%

Asset Allocation

Weighting Return Low Return High SMLAX % Rank
Bonds
99.49% 46.14% 145.79% 50.37%
Cash
0.52% -45.79% 53.86% 48.30%
Stocks
0.00% -1.11% 2.80% 42.22%
Preferred Stocks
0.00% -3.40% 1.04% 38.88%
Other
0.00% -9.70% 30.00% 40.52%
Convertible Bonds
0.00% -0.02% 1.09% 39.61%

Bond Sector Breakdown

Weighting Return Low Return High SMLAX % Rank
Municipal
99.48% 46.14% 100.00% 45.92%
Cash & Equivalents
0.52% 0.00% 53.86% 53.17%
Derivative
0.00% 0.00% 1.12% 39.45%
Securitized
0.00% 0.00% 8.03% 40.52%
Corporate
0.00% 0.00% 11.97% 48.67%
Government
0.00% 0.00% 50.79% 42.93%

Bond Geographic Breakdown

Weighting Return Low Return High SMLAX % Rank
US
98.26% 0.00% 141.11% 43.38%
Non US
1.23% 0.00% 100.00% 40.31%

SMLAX - Expenses

Operational Fees

SMLAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.76% 0.04% 4.23% 30.44%
Management Fee 0.33% 0.00% 1.60% 20.06%
12b-1 Fee 0.24% 0.00% 1.00% 34.22%
Administrative Fee 0.10% 0.01% 0.47% 32.82%

Sales Fees

SMLAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.75% 0.00% 5.75% 75.63%
Deferred Load N/A 0.25% 5.50% N/A

Trading Fees

SMLAX 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.

SMLAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 29.00% 0.00% 314.00% 73.22%

SMLAX - Distributions

Dividend Yield Analysis

SMLAX Category Low Category High SMLAX % Rank
Dividend Yield 0.00% 0.00% 35.27% 47.03%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

SMLAX Category Low Category High SMLAX % Rank
Net Income Ratio 2.77% -0.53% 24.00% 18.48%

Capital Gain Distribution Analysis

SMLAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Quarterly Monthly Monthly

Dividend Payout History

View More +

SMLAX - Fund Manager Analysis

Managers

Matthew Caggiano


Start Date

Tenure

Tenure Rank

Dec 31, 1999

21.76

21.8%

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

Michael Generazo


Start Date

Tenure

Tenure Rank

Jun 01, 2010

11.34

11.3%

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

2.81

2.8%

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

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 36.52 7.22 0.91