DWS Short Term Municipal Bond Fund - Class Inst (MGSMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

9.80

0.00 (0.00%)

Nov 2, 2026, 4:00 PM EST

Fund Assets	123.89M
Expense Ratio	0.337%
Min. Investment	$1,000,000
Turnover	64.00%
Dividend (ttm)	0.30
Dividend Yield	3.02%
Dividend Growth	-0.09%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 24, 2026

Previous Close	9.80
YTD Return	1.24%
1-Year Return	1.64%
5-Year Return	8.58%
52-Week Low	9.62
52-Week High	9.97
Beta (5Y)	0.03
Holdings	136
Inception Date	Mar 6, 1995

About MGSMX

DWS Short-Term Municipal Bond Fund Institutional Class is a municipal bond mutual fund focused on generating income that is exempt from regular federal income tax while emphasizing capital preservation. The fund invests primarily in short-term municipal securities issued by states, local governments, and related public authorities, with a stated preference for investment-grade holdings and a dollar-weighted average portfolio maturity of no more than three years. Its portfolio can include revenue bonds, general obligation bonds, and lease obligations, giving it diversified exposure across segments of the municipal market. The fund is designed for institutional investors and is used as a fixed-income vehicle for managing short-duration municipal exposure and cash-like tax-advantaged income needs.

Fund Family DWS

Category Muni National Short

Stock Exchange Nasdaq

Ticker Symbol MGSMX

Share Class Institutional Class

Index Index is not available on Lipper Database

Performance

MGSMX had a total return of 1.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.58%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
SRMSX	Class S	0.47%
SRMAX	Class A	0.67%
SRMCX	Class C	1.42%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 24, 2026	$0.02516	Sep 24, 2026
Aug 25, 2026	$0.02252	Aug 25, 2026
Jul 27, 2026	$0.02607	Jul 27, 2026
Jun 24, 2026	$0.02478	Jun 24, 2026
May 22, 2026	$0.02253	May 22, 2026
Apr 24, 2026	$0.02625	Apr 24, 2026

Full Dividend History