DWS Strategic High Yield Tax-Free Fund - Class A (NOTAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

10.37

-0.01 (-0.10%)

At close: Aug 26, 2026

2.37% (1Y)

Fund Assets	406.21M
Expense Ratio	0.89%
Min. Investment	$1,000
Turnover	37.00%
Dividend (ttm)	0.47
Dividend Yield	4.56%
Dividend Growth	3.56%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 27, 2026

Previous Close	10.38
YTD Return	1.24%
1-Year Return	6.70%
5-Year Return	-1.77%
52-Week Low	10.12
52-Week High	10.65
Beta (5Y)	0.37
Holdings	257
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.

Fund Family DWS

Category High Yield Muni

Performance Rating Average

Risk Rating Average

Stock Exchange NASDAQ

Ticker Symbol NOTAX

Share Class Class A

Index Bloomberg Municipal Bond TR

Performance

NOTAX had a total return of 6.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.08%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
NOTIX	Institutional Class	0.64%
SHYTX	Class S	0.64%
NOTCX	Class C	1.64%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 27, 2026	$0.04233	Jul 27, 2026
Jun 24, 2026	$0.039	Jun 24, 2026
May 22, 2026	$0.03869	May 22, 2026
Apr 24, 2026	$0.04323	Apr 24, 2026
Mar 25, 2026	$0.03798	Mar 25, 2026
Feb 23, 2026	$0.03749	Feb 23, 2026

Full Dividend History