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Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

DWS Managed Municipal Bond Fund

SMLAX | Fund

$7.98

$2.84 B

3.18%

$0.25

0.76%

Vitals

YTD Return

1.3%

1 yr return

-3.5%

3 Yr Avg Return

-4.0%

5 Yr Avg Return

-2.3%

Net Assets

$2.84 B

Holdings in Top 10

10.2%

52 WEEK LOW AND HIGH

$8.0
$7.51
$8.33

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

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

DWS Managed Municipal Bond Fund

SMLAX | Fund

$7.98

$2.84 B

3.18%

$0.25

0.76%

SMLAX - Profile

Distributions

  • YTD Total Return 1.3%
  • 3 Yr Annualized Total Return -4.0%
  • 5 Yr Annualized Total Return -2.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.77%
DIVIDENDS
  • Dividend Yield 3.2%
  • 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 1.3% -86.8% 7.5% 15.58%
1 Yr -3.5% -48.9% 15.3% 87.83%
3 Yr -4.0%* -21.5% 51.9% 94.62%
5 Yr -2.3%* -5.9% 29.0% 93.90%
10 Yr -1.6%* -3.6% 13.2% 88.08%

* Annualized

Return Ranking - Calendar

Period SMLAX Return Category Return Low Category Return High Rank in Category (%)
2022 -14.8% -91.1% 101.7% 85.60%
2021 -0.6% -79.2% 102.5% 78.89%
2020 0.4% -66.1% 60.0% 61.87%
2019 1.1% -57.4% 7.6% 36.38%
2018 -0.6% -35.9% 3.2% 70.74%

Total Return Ranking - Trailing

Period SMLAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.3% -86.8% 7.5% 17.14%
1 Yr -3.5% -48.9% 15.4% 87.90%
3 Yr -4.0%* -21.5% 51.9% 94.77%
5 Yr -2.3%* -5.9% 29.0% 94.25%
10 Yr -1.6%* -3.6% 13.3% 89.11%

* Annualized

Total Return Ranking - Calendar

Period SMLAX Return Category Return Low Category Return High Rank in Category (%)
2022 -14.8% -91.1% 101.7% 85.42%
2021 -0.6% -79.2% 102.5% 78.85%
2020 0.4% -66.1% 60.0% 61.84%
2019 1.1% -57.4% 7.6% 37.03%
2018 -0.6% -35.9% 3.2% 71.55%

NAV & Total Return History

SMLAX - Holdings

Concentration Analysis

SMLAX Category Low Category High SMLAX % Rank
Net Assets 2.84 B 2.87 M 73.9 B 12.97%
Number of Holdings 452 1 14000 21.96%
Net Assets in Top 10 295 M -317 M 8.64 B 8.72%
Weighting of Top 10 10.19% 2.4% 100.0% 85.45%

Top 10 Holdings

  1. NEW YORK ST TWY AUTH GEN REV JR INDBT OBLIGS 4% 1.38%
  2. PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5% 1.32%
  3. SOUTH CAROLINA ST PUB SVCS AUTH REV 5.75% 1.29%
  4. NEW YORK LIBERTY DEV CORP LIBERTY REV 5.25% 1.26%
  5. PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% 1.17%
  6. NEW YORK ST DORM AUTH ST PERS INCOME TAX REV 5% 1.10%
  7. TARRANT CNTY TEX CULTURAL ED FACS FIN CORP REV 5% 0.92%
  8. UNIVERSITY COLO HOSP AUTH REV 5% 0.91%
  9. METROPOLITAN TRANSN AUTH N Y REV 5.25% 0.89%
  10. TEXAS WATER DEV BRD 4% 0.85%

Asset Allocation

Weighting Return Low Return High SMLAX % Rank
Bonds 		100.00% 0.00% 150.86% 13.82%
Stocks 		0.00% -0.03% 4.63% 26.60%
Preferred Stocks 		0.00% -1.79% 0.04% 23.93%
Other 		0.00% -13.03% 30.01% 25.16%
Convertible Bonds 		0.00% 0.00% 0.93% 24.02%
Cash 		0.00% -50.86% 100.00% 74.52%

Bond Sector Breakdown

Weighting Return Low Return High SMLAX % Rank
Municipal 		99.64% 0.00% 100.00% 42.92%
Corporate 		0.36% 0.00% 9.99% 5.48%
Derivative 		0.00% 0.00% 21.68% 23.88%
Cash & Equivalents 		0.00% 0.00% 100.00% 79.82%
Securitized 		0.00% 0.00% 5.93% 25.25%
Government 		0.00% 0.00% 52.02% 29.36%

Bond Geographic Breakdown

Weighting Return Low Return High SMLAX % Rank
US 		99.14% 0.00% 142.23% 34.57%
Non US 		0.86% 0.00% 62.14% 44.52%

SMLAX - Expenses

Operational Fees

SMLAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.76% 0.02% 3.60% 29.09%
Management Fee 0.33% 0.00% 1.10% 20.57%
12b-1 Fee 0.24% 0.00% 1.00% 34.86%
Administrative Fee 0.10% 0.01% 0.44% 34.65%

Sales Fees

SMLAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.75% 0.00% 4.90% 84.19%
Deferred Load N/A 0.25% 5.00% 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% 283.00% 77.89%

SMLAX - Distributions

Dividend Yield Analysis

SMLAX Category Low Category High SMLAX % Rank
Dividend Yield 3.18% 0.00% 35.27% 9.44%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

SMLAX Category Low Category High SMLAX % Rank
Net Income Ratio 2.77% -0.53% 24.00% 12.12%

Capital Gain Distribution Analysis

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

Distributions History

View More +

SMLAX - Fund Manager Analysis

Managers

Matthew Caggiano

Start Date

Tenure

Tenure Rank

Dec 31, 1999

22.43

22.4%

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

12.01

12.0%

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

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.05 7.21 1.58

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