DWS Strategic High Yield Tax-Free Fund - Class A (NOTAX)
| Fund Assets | 429.02M |
| Expense Ratio | 0.88% |
| Min. Investment | $1,000 |
| Turnover | 69.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 4.12% |
| Dividend Growth | 10.04% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 23, 2026 |
| Previous Close | 10.55 |
| YTD Return | 0.28% |
| 1-Year Return | 0.74% |
| 5-Year Return | 3.21% |
| 52-Week Low | 10.06 |
| 52-Week High | 10.95 |
| Beta (5Y) | 0.39 |
| Holdings | 279 |
| Inception Date | May 1, 2000 |
About NOTAX
DWS Strategic High Yield Tax-Free Fund - Class A is a mutual fund designed to generate a high level of income that is exempt from regular federal income tax. The fund achieves its objective by investing at least 80% of its net assets in a diversified portfolio of municipal securities issued by municipalities throughout the United States, as well as in other investments whose income is federally tax-free. Managed by Deutsche DWS, this fund focuses on the high yield municipal bond segment, typically targeting bonds with greater income potential, which may involve higher credit risk relative to investment-grade municipals. Notable features include a monthly dividend payout and a primary emphasis on risk-managed exposure to municipal debt, aiming to limit volatility and provide downside mitigation during weaker markets. The fund holds a broad basket of over 290 securities and maintains an expense ratio around 0.88%. Its assets total over $480 million. DWS Strategic High Yield Tax-Free Fund - Class A plays a significant role for investors seeking tax-advantaged, income-oriented diversification within the fixed income portion of their portfolios, particularly those in higher tax brackets who benefit from municipal bond tax exemptions.
Performance
NOTAX had a total return of 0.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.40%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 23, 2026 | $0.03749 | Feb 23, 2026 |
| Jan 27, 2026 | $0.04247 | Jan 27, 2026 |
| Dec 24, 2025 | $0.04014 | Dec 24, 2025 |
| Nov 21, 2025 | $0.03512 | Nov 21, 2025 |
| Oct 27, 2025 | $0.04126 | Oct 27, 2025 |
| Sep 24, 2025 | $0.03874 | Sep 24, 2025 |