DWS Managed Municipal Bond Fund - Class S (SCMBX)
| Fund Assets | 1.69B |
| Expense Ratio | 0.56% |
| Min. Investment | $2,500 |
| Turnover | 47.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 4.15% |
| Dividend Growth | 7.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 25, 2025 |
| Previous Close | 7.78 |
| YTD Return | -3.43% |
| 1-Year Return | -2.91% |
| 5-Year Return | -4.58% |
| 52-Week Low | 7.67 |
| 52-Week High | 8.32 |
| Beta (5Y) | n/a |
| Holdings | 396 |
| Inception Date | Oct 14, 1976 |
About SCMBX
The fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in securities issued by municipalities across the United States and in other securities whose income is free from regular federal income tax. It may invest up to 20% of net assets in securities whose income is subject to the federal alternative minimum tax (AMT). The fund normally invests at least 65% of total assets in municipal securities rated in the three highest credit rating categories, or if unrated, determined by the Advisor to be of similar quality.
Performance
SCMBX had a total return of -2.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.66%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FLUVX | Fidelity | Fidelity Advisor Municipal Income Fund - Class M | 0.75% |
| FKISX | Fidelity | Fidelity Advisor Municipal Income Fund - Class C | 1.50% |
| FROGX | Fidelity | Fidelity Advisor Municipal Income Fund - Class I | 0.51% |
| FUENX | Fidelity | Fidelity Flex Municipal Income Fund | n/a |
| FHIGX | Fidelity | Fidelity Municipal Income Fund | 0.44% |
Top 10 Holdings
11.23% of assets| Name | Symbol | Weight |
|---|---|---|
| Public Authority for Colorado Energy - PUBLIC AUTH FOR COLORADO ST ENERGY NATURAL GAS PURCHASE REVE | CO.PUBUTL 6.5 11.15.2038 | 2.03% |
| City of New York NY - NEW YORK NY | n/a | 1.21% |
| Southeastern Pennsylvania Transportation Authority - S ESTRN PA TRANSPRTN AUTH | n/a | 1.18% |
| Columbus Regional Airport Authority - COLUMBUS OH REGL ARPT AUTH REVENUE | OH.COLAPT 5.5 01.01.2050 | 1.06% |
| M-S-R Energy Authority - M-S-R CA ENERGY AUTH GAS REVENUE | CA.MSRPWR 7 11.01.2034 | 1.05% |
| Washington Health Care Facilities Authority - WASHINGTON ST HLTH CARE FACS AUTH | WA.WASMED 5 08.01.2044 | 1.01% |
| New Jersey Economic Development Authority - NEW JERSEY ST ECON DEV AUTH REVENUE | NJ.NJSDEV 5.5 06.15.2030 | 0.99% |
| New York City Transitional Finance Authority Future Tax Secured Revenue - NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE | NY.NYCGEN 5.5 11.01.2045 | 0.92% |
| South Carolina Transportation Infrastructure Bank - SOUTH CAROLINA ST TRANSPRTN INFRASTRUCTURE BANK REVENUE | SC.SCSTRN 5 10.01.2038 | 0.90% |
| Texas Water Development Board - TEXAS ST WTR DEV BRD | TX.TXSWTR 4 10.15.2033 | 0.88% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 25, 2025 | $0.02872 | Jul 25, 2025 |
| Jun 24, 2025 | $0.02604 | Jun 24, 2025 |
| May 23, 2025 | $0.02874 | May 23, 2025 |
| Apr 24, 2025 | $0.02778 | Apr 24, 2025 |
| Mar 25, 2025 | $0.02639 | Mar 25, 2025 |
| Feb 24, 2025 | $0.02711 | Feb 24, 2025 |