About MGHYX
DWS Global High Income Fund - Class Inst is a mutual fund designed to deliver high current income, with capital appreciation as a secondary goal. It allocates at least 65% of its total assets to US dollar-denominated, below-investment-grade fixed income securities, including high-yield bonds from both domestic and foreign issuers. This strategy targets corporate bonds and other debt instruments that offer elevated yields to compensate for higher credit risk. Notable holdings include Vodafone Group PLC 7%, Carnival Corporation 5.875%, Lumen Technologies, Inc., and DISH Network Corporation 11.75%, spanning sectors like telecommunications, leisure, and media, alongside cash equivalents and ETFs for liquidity and diversification. Managed by DWS Investments, the fund emphasizes a repeatable process for security selection and portfolio construction, as evaluated by Morningstar's Process, People, and Parent Pillars. It plays a key role in the high-yield bond category, appealing to income-focused investors seeking global exposure to non-investment-grade debt markets while benchmarking against indices like the Bloomberg Global Aggregate.
Fund Family DWS
Category High Yield Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol MGHYX
Share Class Institutional Class
Index ICE BofA Global HY Constrained TR USDH
MGHYX had a total return of 5.73% in the past year, including dividends. Since the fund's
inception, the average annual return has been 0.19%.
