DWS Short Term Municipal Bond Fund - Class Inst (MGSMX)
| Fund Assets | 168.84M |
| Expense Ratio | 0.43% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.96% |
| Dividend Growth | 5.21% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 24, 2025 |
| Previous Close | 9.89 |
| YTD Return | 1.10% |
| 1-Year Return | 2.97% |
| 5-Year Return | 5.73% |
| 52-Week Low | 9.73 |
| 52-Week High | 9.92 |
| Beta (5Y) | n/a |
| Holdings | 130 |
| Inception Date | Mar 6, 1995 |
About MGSMX
The Fund's investment strategy focuses on Short Muni Debt with 0.47% total expense ratio. The minimum amount to invest in Deutsche DWS Municipal Trust: DWS Short-Term Municipal Bond Fund; Institutional Class Shares is $1,000,000 on a standard taxable account. Deutsche DWS Municipal Trust: DWS Short-Term Municipal Bond Fund; Institutional Class Shares seeks as high a level of income exempt from regular federal income tax (i.e., excluded from gross income for federal income tax purposes), as is consistent with the preservation of capital. MGSMX expects to maintain a dollar weighted effective average portfolio maturity no more than 3 years.
Performance
MGSMX had a total return of 2.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.47%.
Top 10 Holdings
19.90% of assets| Name | Symbol | Weight |
|---|---|---|
| HALIFAX CNTY VA INDL DEV AUTH REV 3.8% | VA.HALDEV 12.01.2041 | 2.35% |
| LOUISIANA PUB FACS AUTH SOLID WASTE DISP FAC REV 5% | LA.LASFAC 10.01.2043 | 2.24% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4% | AL.BBEUTL 04.01.2053 | 2.14% |
| LOUISVILLE/JEFFERSON CNTY KY METRO GOVT POLLUTION CTL REV 1.35% | KY.LOUUTL 1.35 11.01.2027 | 2.09% |
| OKLAHOMA ST INDS AUTH EDL FACS LEASE REV 5% | OK.OKSDEV 5 04.01.2029 | 1.98% |
| DALLAS TEX 5% | TX.DAL 5 02.15.2027 | 1.93% |
| HOUSTON TEX ARPT SYS REV 5% | TX.HOUAPT 5 07.01.2026 | 1.89% |
| FORT BEND TEX INDPT SCH DIST 4% | TX.FORSCD 08.01.2054 | 1.89% |
| GREAT LAKES WTR AUTH MICH SEW DISP SYS REV 5% | MI.GRTWTR 5 07.01.2027 | 1.74% |
| MATANUSKA-SUSITNA BORO ALASKA LEASE REV 5% | AK.MATREV 5 09.01.2032 | 1.64% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2025 | $0.0242 | Jun 24, 2025 |
| May 23, 2025 | $0.02557 | May 23, 2025 |
| Apr 24, 2025 | $0.02387 | Apr 24, 2025 |
| Mar 25, 2025 | $0.0226 | Mar 25, 2025 |
| Feb 24, 2025 | $0.02454 | Feb 24, 2025 |
| Jan 27, 2025 | $0.02561 | Jan 27, 2025 |