About PPLCX
DWS Short Duration Fund - Class C is an actively managed mutual fund focused on investment‑grade, short‑maturity fixed income. Its primary objective is to provide high income while maintaining a high degree of capital stability through a diversified, multi‑sector approach across corporate bonds, mortgage‑ and asset‑backed securities, government and agency issues, and select securitized credit. The portfolio typically emphasizes high‑quality securities with shorter interest‑rate sensitivity, aiming to limit volatility and reduce drawdowns during periods of rising rates. The strategy may also utilize instruments such as collateralized mortgage obligations, commercial mortgage‑backed securities, senior loans, and short‑term investments for liquidity management, alongside transactions like when‑issued or TBA securities to enhance implementation efficiency. Managed by an experienced fixed income team, the fund seeks broad sector and geographic diversification within the investment‑grade universe to balance income generation with risk control. In the broader market, it serves as a core short‑duration bond holding for investors seeking steady income, muted duration risk, and a complement to longer‑duration fixed income allocations.
Fund Family DWS
Category Short-Term Bond
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PPLCX
Share Class Class C
Index Bloomberg 1-3 Y Government/Credit TR
PPLCX had a total return of 2.56% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.96%.
