DWS High Income Fund (KHYIX)
| Fund Assets | 496.28M |
| Expense Ratio | 0.74% |
| Min. Investment | $1,000,000 |
| Turnover | 113.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 6.40% |
| Dividend Growth | 5.73% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 22, 2025 |
| Previous Close | 4.490 |
| YTD Return | 3.73% |
| 1-Year Return | 4.99% |
| 5-Year Return | 23.63% |
| 52-Week Low | 4.260 |
| 52-Week High | 4.500 |
| Beta (5Y) | n/a |
| Holdings | 287 |
| Inception Date | Jan 26, 1978 |
About KHYIX
DWS High Income Fund Institutional Class is a mutual fund that primarily targets high current income through a diversified portfolio of fixed income securities. Managed with an active approach, the fund invests at least 65% of its assets in high yield bonds, typically rated below investment grade, emphasizing relative value and robust credit research. With a secondary objective of capital appreciation, the fund spreads its holdings across a broad array of sectors, focusing on securities that offer attractive yields relative to their risk profile. This fund is positioned within the high yield bond category and is known for its monthly income distributions and competitive yield, recently reported at over 6% annually. Minimum investment requirements for the institutional class are substantial, reflecting its focus on institutional investors. Credit exposure leans heavily toward BB and B rated bonds, with select holdings in higher and lower-rated instruments for diversification. Since its inception in 1978, the fund has played a significant role for investors seeking enhanced income streams compared to traditional core bond funds, while accepting the higher volatility and credit risk associated with high yield markets.
Performance
KHYIX had a total return of 4.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.73%.
Top 10 Holdings
13.23% of assets| Name | Symbol | Weight |
|---|---|---|
| SPDR Portfolio High Yield Bond ETF | SPHY | 2.81% |
| CCO Holdings, LLC/ CCO Holdings Capital Corp. 5.375% | CHTR.5.375 06.01.29 144A | 1.40% |
| Carnival Corporation 5.875% | CCL.5.875 06.15.31 144A | 1.26% |
| Dws Central Cash Management Government Fund | n/a | 1.22% |
| Moog Inc. 4.25% | MOGA.4.25 12.15.27 144A | 1.15% |
| Element Solutions Inc 3.875% | ESI.3.875 09.01.28 144A | 1.12% |
| XPLR Infrastructure LP 2.5% | XIFR.2.5 06.15.26 | 1.12% |
| Wyndham Hotels & Resorts Inc 4.375% | WH.4.375 08.15.28 144A | 1.09% |
| Herc Holdings Inc 7% | HRI.7 06.15.30 144A | 1.05% |
| Charles River Laboratories International, Inc. 3.75% | CRL.3.75 03.15.29 144A | 1.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 22, 2025 | $0.0245 | Aug 25, 2025 |
| Jul 24, 2025 | $0.0242 | Jul 25, 2025 |
| Jun 23, 2025 | $0.0243 | Jun 24, 2025 |
| May 22, 2025 | $0.0242 | May 23, 2025 |
| Apr 23, 2025 | $0.024 | Apr 24, 2025 |
| Mar 24, 2025 | $0.0245 | Mar 25, 2025 |