DWS Short Duration S (DBPIX)
| Fund Assets | 1.18B |
| Expense Ratio | 0.50% |
| Min. Investment | $2,500 |
| Turnover | 133.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.74% |
| Dividend Growth | -2.21% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 24, 2026 |
| Previous Close | 8.41 |
| YTD Return | 0.56% |
| 1-Year Return | 3.79% |
| 5-Year Return | 12.75% |
| 52-Week Low | 8.39 |
| 52-Week High | 8.53 |
| Beta (5Y) | 0.12 |
| Holdings | 574 |
| 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 3.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.32%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2026 | $0.03359 | Jun 24, 2026 |
| May 22, 2026 | $0.0316 | May 22, 2026 |
| Apr 24, 2026 | $0.03472 | Apr 24, 2026 |
| Mar 25, 2026 | $0.03147 | Mar 25, 2026 |
| Feb 23, 2026 | $0.03063 | Feb 23, 2026 |
| Jan 27, 2026 | $0.03493 | Jan 27, 2026 |