DWS Short Duration Fund - Class C (PPLCX)
| Fund Assets | 1.18B |
| Expense Ratio | 1.50% |
| Min. Investment | $1,000 |
| Turnover | 133.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 3.41% |
| Dividend Growth | -2.85% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Jun 24, 2026 |
| Previous Close | 8.39 |
| YTD Return | 0.17% |
| 1-Year Return | 2.72% |
| 5-Year Return | 7.99% |
| 52-Week Low | 8.37 |
| 52-Week High | 8.51 |
| Beta (5Y) | 0.12 |
| Holdings | 574 |
| Inception Date | Feb 3, 2003 |
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.
Performance
PPLCX had a total return of 2.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.94%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| May 22, 2026 | $0.02484 | May 22, 2026 |
| Apr 24, 2026 | $0.02726 | Apr 24, 2026 |
| Mar 25, 2026 | $0.02444 | Mar 25, 2026 |
| Feb 23, 2026 | $0.02424 | Feb 23, 2026 |
| Jan 27, 2026 | $0.02714 | Jan 27, 2026 |
| Dec 24, 2025 | $0.02702 | Dec 24, 2025 |