DWS Massachusetts Tax Free Fund (DMAIX)

Fund Assets	n/a
Expense Ratio	0.60%
Min. Investment	$1,000,000
Turnover	n/a
Dividend (ttm)	0.35
Dividend Yield	2.75%
Dividend Growth	6.71%
Payout Frequency	Monthly
Ex-Dividend Date	Mar 25, 2025

Previous Close	12.77
YTD Return	-1.88%
1-Year Return	1.20%
5-Year Return	n/a
52-Week Low	n/a
52-Week High	n/a
Beta (5Y)	n/a
Holdings	122
Inception Date	Dec 1, 2020

About DMAIX

The Fund's investment strategy focuses on MA Municipal Debt. The minimum amount to invest in Deutsche DWS State Tax Free Income Series: DWS Massachusetts Tax-Free Fund; Institutional Class Shares is $1,000,000 on a standard taxable account. Deutsche DWS State Tax Free Income Series: DWS Massachusetts Tax-Free Fund; Institutional Class Shares seeks income that is exempt from Massachusetts personal and federal income taxes. DMAIX invests at least 80% of net assets, in Massachusetts municipal securities. DMAIX may invest up to 20% of net assets in securities whose income is subject to the federal alternative minimum tax.

• Category: Muni Massachusetts
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: DMAIX
• Share Class: Institutional Class
• Index: Bloomberg Municipal Bond TR

Performance

DMAIX had a total return of 1.20% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.25%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
SCMAX	Class S	0.60%
SQMAX	Class A	0.85%
SQMCX	Class C	1.60%

Top 10 Holdings

24.38% of assets

Name	Symbol	Weight
MASSACHUSETTS ST WTR POLLUTN ABATEMENT TR 5.25%	n/a	4.44%
MASSACHUSETTS ST WTR RES AUTH 5.25%	n/a	2.84%
MASSACHUSETTS ST 5%	MA MAS 5 01.01.2054	2.55%
MASSACHUSETTS ST PORT AUTH REV 5%	MA MASTRN 5 07.01.2037	2.54%
MASSACHUSETTS ST 5%	n/a	2.50%
Massachusetts State Bay Transportation Authority, Sales Tax Revenue	n/a	2.44%
ATTLEBORO MASS 4%	n/a	1.85%
MASSACHUSETTS ST PORT AUTH SPL FACS REV 4%	MA MASTRN 4 07.01.2044	1.82%
MASSACHUSETTS ST DEV FIN AGY REV 5%	n/a	1.72%
MASSACHUSETTS ST PORT AUTH REV 5%	n/a	1.69%

Dividend History

Ex-Dividend	Amount	Pay Date
Mar 25, 2025	$0.03046	Mar 25, 2025
Feb 24, 2025	$0.03263	Feb 24, 2025
Jan 27, 2025	$0.03365	Jan 27, 2025
Dec 24, 2024	$0.03174	Dec 24, 2024
Nov 22, 2024	$0.02978	Nov 22, 2024
Oct 25, 2024	$0.03452	Oct 25, 2024