DWS New York Tax-Free Income C (KNTCX)
| Fund Assets | 172.19M |
| Expense Ratio | 1.67% |
| Min. Investment | $1,000 |
| Turnover | 46.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 2.41% |
| Dividend Growth | 13.72% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 24, 2025 |
| Previous Close | 9.82 |
| YTD Return | -0.11% |
| 1-Year Return | -0.46% |
| 5-Year Return | -2.36% |
| 52-Week Low | 9.29 |
| 52-Week High | 10.10 |
| Beta (5Y) | n/a |
| Holdings | 151 |
| Inception Date | May 31, 1994 |
About KNTCX
DWS New York Tax-Free Income Fund - Class C is a mutual fund that primarily seeks to deliver a high level of current income exempt from federal, New York State, and New York City personal income taxes. The fund invests at least 65% of its net assets in municipal securities and related instruments that are exempt from these taxes, making it particularly attractive for investors subject to high state and local taxation. Typical holdings include a diversified mix of municipal bonds issued by various entities within New York, spanning sectors such as education, infrastructure, and public services. With an inception date of May 1994 for this share class, the fund is managed by Deutsche Investment Management Americas Inc. and aims to serve residents seeking tax efficiency in their fixed income portfolios. This fund plays a significant role for investors seeking stable, tax-advantaged income streams within the municipal bond market, helping to fund essential public projects across the state while delivering income that is generally shielded from key local and federal taxes.
Performance
KNTCX had a total return of -0.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.09%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
19.57% of assets| Name | Symbol | Weight |
|---|---|---|
| LIBERTY N Y DEV CORP REV 5.25% | NY.LBTDEV 5.25 10.01.2035 | 3.35% |
| Nuveen New York AMT-Free Quality Municipal Income Fund | NRK | 2.59% |
| METROPOLITAN TRANSN AUTH N Y REV 4% | NY.MTATRN 4 11.15.2034 | 2.08% |
| TRIBOROUGH BRDG & TUNL AUTH N Y REVS 5.5% | NY.TRBTRN 5.5 11.15.2053 | 1.88% |
| NEW YORK TRANSN DEV CORP SPL FAC REV 6% | NY.NYTTRN 6 06.30.2054 | 1.81% |
| TRIBOROUGH BRDG & TUNL AUTH N Y PAYROLL MOBILITY TAX 5% | NY.TRBTRN 5 05.15.2047 | 1.80% |
| METROPOLITAN TRANSN AUTH N Y REV 5% | NY.MTATRN 11.15.2045 | 1.67% |
| NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5% | NY.NYSHGR 5 10.01.2047 | 1.50% |
| NEW YORK LIBERTY DEV CORP LIBERTY REV 2.8% | NY.NYCDEV 2.8 09.15.2069 | 1.50% |
| YONKERS N Y INDL DEV AGY SCH FAC REV 4% | NY.YONEDU 4 05.01.2046 | 1.39% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 24, 2025 | $0.02034 | Sep 24, 2025 |
| Aug 25, 2025 | $0.01946 | Aug 25, 2025 |
| Jul 25, 2025 | $0.02195 | Jul 25, 2025 |
| Jun 24, 2025 | $0.01921 | Jun 24, 2025 |
| May 23, 2025 | $0.02093 | May 23, 2025 |
| Apr 24, 2025 | $0.01993 | Apr 24, 2025 |