DWS New York Tax-Free Income A (KNTAX)
| Fund Assets | 170.18M |
| Expense Ratio | 0.92% |
| Min. Investment | $1,000 |
| Turnover | 46.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.07% |
| Dividend Growth | 7.36% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 25, 2025 |
| Previous Close | 9.71 |
| YTD Return | -0.92% |
| 1-Year Return | -1.99% |
| 5-Year Return | -1.27% |
| 52-Week Low | 9.28 |
| 52-Week High | 10.12 |
| Beta (5Y) | 0.31 |
| Holdings | 153 |
| Inception Date | Dec 31, 1985 |
About KNTAX
DWS New York Tax-Free Income Fund Class A is an open-end municipal bond fund designed to provide a high level of current income that is exempt from federal, New York State, and New York City personal income taxes. The portfolio invests primarily in New York municipal securities, typically maintaining at least 80% of net assets in tax-exempt bonds, aligning with the Muni New York long category’s focus on longer-duration state and local issuers. Managed by DWS, the strategy emphasizes diversified exposure across revenue sectors such as education, transportation, and general obligation issuers, reflecting the financing backbone of New York’s public infrastructure and essential services. The fund’s profile includes sensitivity to interest-rate movements and credit dynamics within the state’s municipal market, with historical tilts toward longer maturities and selective lower-rated credits to enhance income potential within its mandate. It plays a role in tax-aware fixed income allocation for New York residents seeking state- and city-level tax-exempt income while accessing professional credit research, liquidity, and diversified municipal market exposure.
Performance
KNTAX had a total return of -1.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.19%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
19.09% of assets| Name | Symbol | Weight |
|---|---|---|
| LIBERTY N Y DEV CORP REV 5.25% | NY.LBTDEV 5.25 10.01.2035 | 3.30% |
| Nuveen New York AMT-Free Quality Municipal Income Fund | NRK | 2.53% |
| METROPOLITAN TRANSN AUTH N Y REV 4% | NY.MTATRN 4 11.15.2034 | 2.06% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 6% | NY.NYTTRN 6 06.30.2054 | 1.80% |
| TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 5% | NY.TRBTRN 5 05.15.2047 | 1.79% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | NY.MTATRN 11.15.2045 | 1.65% |
| TOMPKINS CNTY N Y DEV CORP REV 5% | NY.TOMDEV 5 07.01.2038 | 1.63% |
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5% | NY.NYSHGR 5 10.01.2047 | 1.49% |
| NEW YORK LIBERTY DEV CORP LIBERTY REV 2.8% | NY.NYCDEV 2.8 09.15.2069 | 1.48% |
| YONKERS N Y INDL DEV AGY SCH FAC REV 4% | NY.YONEDU 4 05.01.2046 | 1.36% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 25, 2025 | $0.02506 | Aug 25, 2025 |
| Jul 25, 2025 | $0.02834 | Jul 25, 2025 |
| Jun 24, 2025 | $0.02486 | Jun 24, 2025 |
| May 23, 2025 | $0.02716 | May 23, 2025 |
| Apr 24, 2025 | $0.02583 | Apr 24, 2025 |
| Mar 25, 2025 | $0.02441 | Mar 25, 2025 |