DWS High Income Fund - Class C (KHYCX)
| Fund Assets | 491.56M |
| Expense Ratio | 1.75% |
| Min. Investment | $1,000 |
| Turnover | 158.00% |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 5.86% |
| Dividend Growth | 12.07% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 23, 2026 |
| Previous Close | 4.480 |
| YTD Return | 0.48% |
| 1-Year Return | 7.05% |
| 5-Year Return | 70.73% |
| 52-Week Low | 4.050 |
| 52-Week High | 4.490 |
| Beta (5Y) | n/a |
| Holdings | 280 |
| Inception Date | Jan 26, 1978 |
About KHYCX
DWS High Income Fund - Class C is a mutual fund designed to pursue the highest level of current income through a professionally managed, diversified portfolio of fixed income securities, balancing yield with reasonable risk. Primarily focused on **high-yield bonds**, often referred to as junk bonds, it allocates at least 65% of net assets to lower-rated debt instruments, with current holdings dominated by corporate bonds comprising about 98.47% of the portfolio, alongside minimal cash and stock exposure. Notable top holdings include the State Street SPDR Portfolio High Yield Bond ETF and bonds from issuers like Charles River Laboratories, Carnival Corporation, and Lumen Technologies. Managed by DWS, the fund features a net expense ratio of 1.76%, a turnover ratio of 158%, and key metrics such as a yield to maturity of 6.67%, effective duration of 2.96 years, and 270 total holdings as of late 2025. With approximately $493 million in assets under management, it serves investors seeking income from the **high-yield bond** sector within taxable fixed income markets, paying dividends annually.
Performance
KHYCX had a total return of 7.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.47%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGRMX | Fidelity | Fidelity Advisor High Income Fund - Class M | 1.17% |
| FGTMX | Fidelity | Fidelity Advisor High Income Fund - Class I | 0.92% |
| FGSMX | Fidelity | Fidelity Advisor High Income Fund - Class C | 1.92% |
| FGUMX | Fidelity | Fidelity Advisor High Income Fund - Class Z | 0.82% |
| FAHCX | Fidelity | Fidelity Advisor Capital & Income Fund - Class I | 0.93% |
Top 10 Holdings
12.46% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street SPDR Portfolio High Yield Bond ETF | SPHY | 2.00% |
| Charles River Laboratories International, Inc. 3.75% | CRL.3.75 03.15.29 144A | 1.31% |
| Lumen Technologies, Inc. | LUMN.L 04.16.29 1 | 1.30% |
| Carnival Corporation 5.875% | CCL.5.875 06.15.31 144A | 1.24% |
| Xhr LP 4.875% | XHR.4.875 06.01.29 144A | 1.19% |
| XPLR Infrastructure LP 2.5% | XIFR.2.5 06.15.26 | 1.11% |
| Element Solutions Inc 3.875% | ESI.3.875 09.01.28 144A | 1.10% |
| Wyndham Hotels & Resorts Inc 4.375% | WH.4.375 08.15.28 144A | 1.07% |
| Hillenbrand, Inc. 3.75% | HI.3.75 03.01.31 | 1.07% |
| Dws Central Cash Management Government Fund | n/a | 1.05% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 23, 2026 | $0.0214 | Jan 26, 2026 |
| Dec 8, 2025 | $0.0263 | Dec 9, 2025 |
| Nov 20, 2025 | $0.0227 | Nov 21, 2025 |
| Oct 24, 2025 | $0.0229 | Oct 27, 2025 |
| Sep 23, 2025 | $0.0232 | Sep 24, 2025 |
| Aug 22, 2025 | $0.0219 | Aug 25, 2025 |