DWS Global Macro Fund - Class S (DBIVX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
11.74
+0.05 (0.43%)
At close: Feb 13, 2026
Fund Assets174.41M
Expense Ratio1.09%
Min. Investment$2,500
Turnover12.00%
Dividend (ttm)0.23
Dividend Yield1.92%
Dividend Growth5.62%
Payout FrequencyQuarterly
Ex-Dividend Daten/a
Previous Close11.69
YTD Return3.89%
1-Year Return15.78%
5-Year Return29.30%
52-Week Low9.72
52-Week High11.82
Beta (5Y)n/a
Holdings73
Inception DateFeb 28, 2005

About DBIVX

DWS Global Macro Fund - Class S is an alternative mutual fund that employs a macro trading strategy, aiming to achieve attractive total returns by dynamically allocating capital across a wide range of global asset classes. The fund invests in equities, bonds, structured notes, money market instruments, exchange-traded funds, and cash, with the flexibility to include exposure to commodities, currencies, and alternative asset types such as real estate and infrastructure. There are generally no restrictions on asset class exposures, provided risk parameters are met, allowing the fund to adjust allocations based on its outlook for global economic conditions, government policies, and market trends. Notable features include a disciplined, risk-managed approach and consideration of environmental, social, and governance (ESG) factors in the investment process. The ability to take both long and short positions and use derivatives enables the fund to seek returns that are not closely correlated with traditional market indexes, making it a potentially useful portfolio diversifier, especially during periods of heightened market volatility. Managed by DWS since 2005, the fund has a history of adapting to changing market environments while focusing on capital preservation and appreciation for investors in a constantly evolving financial landscape.

Fund Family DWS
Category Macro Trading
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol DBIVX
Share Class Class S
Index ICE BofA U.S. T-Bills 0-3 Months TR

Performance

DBIVX had a total return of 15.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.07%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
MGINXInstitutional Class0.98%
DBIWXClass R61.04%
DBISXClass A1.34%
DBICXClass C2.09%

Top 10 Holdings

46.49% of assets
NameSymbolWeight
SPDR Gold Minishares Trust of beneficial interestGLDM10.85%
Dws Central Cash Management Government Fundn/a7.87%
United States Treasury Bonds 4.375%T.4.375 05.15.404.01%
United States Treasury Bonds 3.75%T.3.75 11.15.433.96%
United States Treasury Notes 2.375%T.2.375 05.15.293.64%
United States Treasury Notes 3.5%T.3.5 02.15.333.59%
United States Treasury Bonds 3.625%T.3.625 02.15.443.47%
United States Treasury Notes 2.375%T.2.375 05.15.273.17%
United States Treasury Bonds 4.5%T.4.5 05.15.382.99%
United States Treasury Notes 4.125%T.4.125 06.15.262.96%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 23, 2025$0.0854Dec 24, 2025
Sep 23, 2025$0.070Sep 24, 2025
Jun 23, 2025$0.040Jun 24, 2025
Mar 24, 2025$0.030Mar 25, 2025
Dec 23, 2024$0.0919Dec 24, 2024
Sep 23, 2024$0.075Sep 24, 2024
Full Dividend History