DWS Floating Rate Fund - Class S (DFRPX)
| Fund Assets | 66.99M |
| Expense Ratio | 0.85% |
| Min. Investment | $2,500 |
| Turnover | 70.00% |
| Dividend (ttm) | 0.53 |
| Dividend Yield | 7.21% |
| Dividend Growth | -18.45% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 23, 2026 |
| Previous Close | 7.36 |
| YTD Return | 0.33% |
| 1-Year Return | 4.55% |
| 5-Year Return | 32.36% |
| 52-Week Low | 6.86 |
| 52-Week High | 7.36 |
| Beta (5Y) | n/a |
| Holdings | 257 |
| Inception Date | Jun 29, 2007 |
About DFRPX
DWS Floating Rate Fund - Class S is an actively managed mutual fund focused on generating **high current income** through investments in floating-rate credit instruments. The fund primarily invests in adjustable-rate senior loans and other floating-rate debt, typically issued by U.S. and, to a lesser extent, non-U.S. corporate borrowers. These loans generally feature interest payments that reset periodically based on short-term reference rates, which helps the portfolio’s income respond to changes in prevailing interest rates. DWS Floating Rate Fund - Class S plays a role in the fixed income universe as a specialized credit strategy that emphasizes **senior secured loans**, often positioned higher in a company’s capital structure than traditional bonds. It is commonly used by market participants seeking exposure to below-investment-grade corporate credit while focusing on instruments whose interest rates adjust over time. By concentrating on floating-rate structures, the fund provides a distinct segment of the debt markets that differs from conventional, fixed-rate bond funds.
Performance
DFRPX had a total return of 4.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.53%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFRCX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class C | 1.77% |
| FIQSX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class Z | 0.67% |
| FFRIX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class I | 0.77% |
| FFRTX | Fidelity | Fidelity Advisor Floating Rate High Income Fund - Class M | 1.02% |
| FFRHX | Fidelity | Fidelity Floating Rate High Income Fund | 0.73% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 23, 2026 | $0.0441 | Jan 26, 2026 |
| Dec 8, 2025 | $0.0434 | Dec 9, 2025 |
| Nov 20, 2025 | $0.0461 | Nov 21, 2025 |
| Oct 24, 2025 | $0.0444 | Oct 27, 2025 |
| Sep 23, 2025 | $0.045 | Sep 24, 2025 |
| Aug 22, 2025 | $0.0427 | Aug 25, 2025 |