DWS Short Duration Fund - Class S (DBPIX)
| Fund Assets | 1.16B |
| Expense Ratio | 0.48% |
| Min. Investment | $2,500 |
| Turnover | 133.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.72% |
| Dividend Growth | -0.23% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 8.53 |
| YTD Return | 0.24% |
| 1-Year Return | 5.52% |
| 5-Year Return | 14.22% |
| 52-Week Low | 8.09 |
| 52-Week High | 8.53 |
| Beta (5Y) | n/a |
| Holdings | 565 |
| Inception Date | Dec 23, 1998 |
About DBPIX
DWS Short Duration Fund - Class S is an actively managed short-term bond mutual fund designed to provide high income while prioritizing capital stability. According to the sponsor, the strategy seeks income with a high degree of capital preservation, positioning it in the short-duration segment to limit interest-rate sensitivity relative to intermediate bond funds. The fund falls within the short-term bond category and targets a medium credit quality profile with limited interest rate sensitivity, reflecting its focus on shorter effective duration. Morningstar data indicates a sizable asset base and a no-load share class with an expense ratio near one-half percent, aligning it with core short-duration offerings used for liquidity management and income generation. Portfolio holdings typically include U.S. Treasuries, agency mortgage-backed securities, investment-grade corporates, and securitized credit such as CLOs, balancing government and credit exposure to support yield while managing risk. This fund can serve as a fixed income anchor for investors seeking steadier net asset value behavior than longer-duration bond funds, with a role in cash-plus or defensive allocations across market cycles.
Performance
DBPIX had a total return of 5.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.73%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FBNTX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class M | 0.51% |
| FBNAX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class A | 0.50% |
| FBNIX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class I | 0.30% |
| FANCX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class C | 1.36% |
| FIKTX | Fidelity | Fidelity Advisor Short-Term Bond Fund - Class Z | 0.25% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 27, 2026 | $0.03493 | Jan 27, 2026 |
| Dec 24, 2025 | $0.03448 | Dec 24, 2025 |
| Nov 21, 2025 | $0.02959 | Nov 21, 2025 |
| Oct 27, 2025 | $0.03578 | Oct 27, 2025 |
| Sep 24, 2025 | $0.03317 | Sep 24, 2025 |
| Aug 25, 2025 | $0.03183 | Aug 25, 2025 |