DWS Short Duration R6 (PPLZX)

Fund Assets	1.14B
Expense Ratio	0.337%
Min. Investment	$1,000
Turnover	133.00%
Dividend (ttm)	0.40
Dividend Yield	4.90%
Dividend Growth	-2.12%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 24, 2026

Previous Close	8.24
YTD Return	0.13%
1-Year Return	1.43%
5-Year Return	13.45%
52-Week Low	8.23
52-Week High	8.52
Beta (5Y)	0.10
Holdings	587
Inception Date	Aug 25, 2014

About PPLZX

DWS Short Duration Fund is an actively managed mutual fund focused on investment-grade fixed income with a short interest-rate profile. Its primary objective is to provide income while limiting interest rate sensitivity by maintaining an average portfolio duration typically no longer than three years. The fund invests at least 65% of assets in securities rated within the top four credit tiers by nationally recognized rating agencies, while retaining flexibility to allocate a modest sleeve to below investment-grade issues to enhance spread income. The portfolio spans U.S. Treasuries, agency mortgage-backed securities, high-quality corporates, and securitized credit, using a blend of top-down sector allocation and bottom-up security selection. This approach emphasizes credit quality, relative value, and spread dynamics, with consideration of financially material ESG factors in the research process. Positioned within the short-term bond category, the strategy aims to offer a balance of income generation and lower duration risk relative to core bond funds, serving as a defensive building block or liquidity-aware core complement in diversified fixed income allocations.

• Fund Family: DWS
• Category: Short-Term Bond
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PPLZX
• Share Class: Class R6
• Index: Bloomberg 1-3 Y Government/Credit TR

Performance

PPLZX had a total return of 1.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.51%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FBNTX	Fidelity	Fidelity Advisor Short-Term Bd M	0.52%
FBNAX	Fidelity	Fidelity Advisor Short-Term Bd A	0.49%
FBNIX	Fidelity	Fidelity Advisor Short-Term Bd I	0.29%
FANCX	Fidelity	Fidelity Advisor Short-Term Bd C	1.40%
FIKTX	Fidelity	Fidelity Advisor Short-Term Bond Z	0.24%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PPILX	Institutional Class	0.38%
DBPIX	Class S	0.50%
PPIAX	Class A	0.75%
PPLCX	Class C	1.50%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 24, 2026	$0.03387	Sep 24, 2026
Aug 25, 2026	$0.03235	Aug 25, 2026
Jul 27, 2026	$0.03671	Jul 27, 2026
Jun 24, 2026	$0.03353	Jun 24, 2026
May 22, 2026	$0.03155	May 22, 2026
Apr 24, 2026	$0.03538	Apr 24, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

Data Sources Report a data error