DWS Total Return Bond R
- SZIRX
- Price as of: Jan 25, 2021
-
$11.45
N/A N/A
- Primary Theme
- U.S. Intermediate-Term Bond Duration
- Fund Company
- DWS
- Share Class
SZIRX - Snapshot
Vitals
- YTD Return -0.6%
- 3 Yr Annualized Return 5.0%
- 5 Yr Annualized Return 4.7%
- Net Assets $454 M
- Holdings in Top 10 17.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.36%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 211.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Intermediate-Term Bond Duration
- Fund Type Open End Mutual Fund
- Investment Style Intermediate Core-Plus Bond
SZIRX - Profile
Distributions
- YTD Total Return -0.6%
- 3 Yr Annualized Total Return 5.0%
- 5 Yr Annualized Total Return 4.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.44%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameDWS Total Return Bond Fund
-
Fund Family NameDWS
-
Inception DateOct 30, 2017
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerThomas Farina
Fund Description
Under normal circumstances, the fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in bonds of any maturity. It invests mainly in investment grade U.S. dollar-denominated fixed income securities, including corporate bonds, U.S. government and agency bonds and mortgage- and asset-backed securities. The fund may invest up to 35% of total assets in non-investment grade securities (high yield and junk bonds), including securities in default.
SZIRX - Performance
Return Ranking - Trailing
| Period | SZIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.6% | -1.2% | 7.8% | 79.78% |
| 1 Yr | 8.3% | -4.0% | 18.5% | 43.57% |
| 3 Yr | 5.0%* | 0.9% | 9.8% | 67.80% |
| 5 Yr | 4.7%* | 1.1% | 9.2% | 47.24% |
| 10 Yr | 3.6%* | 1.6% | 8.4% | 73.63% |
* Annualized
Return Ranking - Calendar
| Period | SZIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 6.3% | -10.1% | 946.1% | 14.30% |
| 2019 | 7.1% | -2.6% | 13.9% | 7.87% |
| 2018 | -6.3% | -10.3% | 2.7% | 98.15% |
| 2017 | N/A | -49.5% | 8.1% | N/A |
| 2016 | N/A | -49.3% | 192.8% | N/A |
Total Return Ranking - Trailing
| Period | SZIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.6% | -1.2% | 7.8% | 79.78% |
| 1 Yr | 8.3% | -6.2% | 18.5% | 36.71% |
| 3 Yr | 5.0%* | 0.9% | 9.8% | 59.56% |
| 5 Yr | 4.7%* | 1.1% | 9.2% | 43.12% |
| 10 Yr | 3.6%* | 1.6% | 8.4% | 69.98% |
* Annualized
Total Return Ranking - Calendar
| Period | SZIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 6.3% | -10.1% | 946.1% | 14.30% |
| 2019 | 7.1% | -2.6% | 13.9% | 9.38% |
| 2018 | -6.3% | -10.3% | 3.9% | 98.26% |
| 2017 | N/A | -6.0% | 8.4% | N/A |
| 2016 | N/A | -5.7% | 204.3% | N/A |
NAV & Total Return History
SZIRX - Holdings
Concentration Analysis
| SZIRX | Category Low | Category High | SZIRX % Rank | |
|---|---|---|---|---|
| Net Assets | 454 M | 3.2 M | 303 B | 69.20% |
| Number of Holdings | 444 | 1 | 18475 | 68.89% |
| Net Assets in Top 10 | 55.6 M | -1.13 B | 40.6 B | 79.07% |
| Weighting of Top 10 | 17.19% | 3.2% | 100.0% | 78.41% |
Top 10 Holdings
- Federal National Mortgage Association 1.5% 5.35%
- United States Treasury Bonds 2.38% 3.76%
- United States Treasury Notes 1.5% 2.94%
- Us 10yr Ultra Fut Sep20 Xcbt 20200921 2.89%
- Us 10yr Ultra Fut Sep20 Xcbt 20200921 2.89%
- Us 10yr Ultra Fut Sep20 Xcbt 20200921 2.89%
- Us 10yr Ultra Fut Sep20 Xcbt 20200921 2.89%
- Us 10yr Ultra Fut Sep20 Xcbt 20200921 2.89%
- Us 10yr Ultra Fut Sep20 Xcbt 20200921 2.89%
- Us 10yr Ultra Fut Sep20 Xcbt 20200921 2.89%
Asset Allocation
| Weighting | Return Low | Return High | SZIRX % Rank | |
|---|---|---|---|---|
| Bonds | 90.04% | -52.64% | 351.52% | 77.13% |
| Cash | 6.85% | -238.91% | 161.55% | 31.85% |
| Convertible Bonds | 3.10% | 0.00% | 8.68% | 7.22% |
| Stocks | 0.00% | -0.25% | 10.89% | 39.44% |
| Preferred Stocks | 0.00% | 0.00% | 84.28% | 51.11% |
| Other | 0.00% | -14.22% | 7.23% | 26.85% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | SZIRX % Rank | |
|---|---|---|---|---|
| Corporate | 54.64% | 0.00% | 100.00% | 10.19% |
| Securitized | 30.07% | 0.00% | 98.07% | 49.54% |
| Government | 8.62% | 0.00% | 86.49% | 85.46% |
| Cash & Equivalents | 6.67% | 0.00% | 55.92% | 43.52% |
| Derivative | 0.00% | 0.00% | 23.90% | 44.81% |
| Municipal | 0.00% | 0.00% | 89.53% | 78.98% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | SZIRX % Rank | |
|---|---|---|---|---|
| US | 76.03% | -52.88% | 336.16% | 78.52% |
| Non US | 14.01% | -144.79% | 48.76% | 26.30% |
SZIRX - Expenses
Operational Fees
| SZIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.36% | 0.01% | 19.93% | 15.52% |
| Management Fee | 0.40% | 0.00% | 0.85% | 58.80% |
| 12b-1 Fee | 0.50% | 0.00% | 1.00% | 67.53% |
| Administrative Fee | 0.10% | 0.01% | 0.50% | 46.01% |
Sales Fees
| SZIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| SZIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 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.
| SZIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 211.00% | 3.00% | 484.45% | 73.33% |
SZIRX - Distributions
Dividend Yield Analysis
| SZIRX | Category Low | Category High | SZIRX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 3.79% | 23.96% |
Dividend Distribution Analysis
| SZIRX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Semi-Annually | Monthly | Monthly |
Net Income Ratio Analysis
| SZIRX | Category Low | Category High | SZIRX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.44% | -0.39% | 11.28% | 49.47% |
Capital Gain Distribution Analysis
| SZIRX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Monthly | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Mar 25, 2019 | $0.029 |
| Feb 22, 2019 | $0.029 |
| Jan 25, 2019 | $0.029 |
| Dec 11, 2018 | $0.029 |
| Nov 26, 2018 | $0.029 |
| Oct 25, 2018 | $0.028 |
| Sep 24, 2018 | $0.029 |
| Aug 27, 2018 | $0.028 |
| Jul 25, 2018 | $0.029 |
| Jun 25, 2018 | $0.029 |
| May 24, 2018 | $0.028 |
| Apr 24, 2018 | $0.028 |
| Mar 23, 2018 | $0.027 |
| Feb 22, 2018 | $0.027 |
| Jan 25, 2018 | $0.026 |
| Dec 11, 2017 | $0.026 |
| Nov 24, 2017 | $0.027 |
SZIRX - Fund Manager Analysis
Managers
Thomas Farina
Start Date
Tenure
Tenure Rank
Feb 01, 2016
4.92
4.9%
Thomas M. Farina, CFA, is a Managing Director of Deutsche Investment Management Americas Inc. He has been Managing Director since 2011, Head of the Corporate Sector Fixed Income team since 2006 and a Senior Portfolio Manager since 2006 for DIMA. Mr. Farina joined Deutsche Investment Management Americas Inc. in 2006 with 12 years of industry experience. Prior to joining, Mr. Farina held roles at Merrill Lynch Investment Management, Greenwich NatWest and at DnB Asset Management. He began his career as a Ratings Analyst at Standard & Poor’s. He obtained his MA degree and his undergraduate degree, Bachelor of Arts, from the State University of New York at Albany.
Gregory Staples
Start Date
Tenure
Tenure Rank
Feb 01, 2016
4.92
4.9%
Gregory M. Staples, CFA, Managing Director. Co–Lead Portfolio Manager. Joined Deutsche Asset & Wealth Management in 2005. Prior to joining, he served as a Senior Managing Director and managing director at MONY Advisors, Staples is responsible for the direction of all third-party public-bond portfolios. He began his career with MONY in 1982 as a corporate-credit analyst and now heads the public-bond trading group.
Kelly Beam
Start Date
Tenure
Tenure Rank
Aug 01, 2017
3.42
3.4%
Kelly L. Beam, CFA, is a Vice President of Deutsche Investment Management Americas Inc. She has been Vice President since 2010, Senior Corporate Bond Trader since 2006 and a Fixed Income Portfolio Manager since 2006 for DIMA. Ms. Beam joined Deutsche Investment Management Americas Inc. in 1999. Prior to joining the Credit Sector team, Ms. Beam served in Investment Support for Stable Value, Specialty Fixed Income and Global Insurance. She obtained her MBA degree from Fordham University and her undergraduate degree, Bachelor of Science, from Lehigh University.
Christopher Munshower
Start Date
Tenure
Tenure Rank
May 01, 2020
0.67
0.7%
Christopher J. Munshower, CFA, Director. Portfolio Manager of the fund. Began managing the fund in 2020. ■ Joined DWS in 2004. Previously worked as a Senior High Grade Fixed Income Analyst at Bear Stearns and a Senior Research Analyst in the Insurance Ratings Group and in the Municipal Bond Group at Standard & Poor's. ■ BS in Accounting and Economics, Lehigh University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 32.01 | 6.94 | 1.5 |