DWS California Tax-Free Income S (SDCSX)

Fund Assets	296.11M
Expense Ratio	0.562%
Min. Investment	$2,500
Turnover	58.00%
Dividend (ttm)	0.24
Dividend Yield	3.92%
Dividend Growth	10.20%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 24, 2026

Previous Close	6.20
YTD Return	-2.75%
1-Year Return	-1.71%
5-Year Return	-3.65%
52-Week Low	6.11
52-Week High	6.70
Beta (5Y)	0.07
Holdings	197
Inception Date	Jun 18, 2001

About SDCSX

DWS California Tax-Free Income Fund - Class S is a municipal bond mutual fund designed to provide investors with a high level of current income that is generally exempt from both California state and regular federal income taxes. Its primary strategy involves investing at least 80% of its assets in debt securities issued by California municipalities and related entities, with the income generated by these holdings typically free from most federal and state tax obligations. The fund appeals predominantly to California residents seeking tax-advantaged income streams. With a diversified portfolio comprising nearly 189 holdings, it aims to balance income generation and stability for investors sensitive to tax liabilities. Notable features include a competitive expense ratio, monthly income distributions, and an investment minimum tailored for individual accounts. Launched in 2001, the fund plays a specialized role in the broader fixed-income market, supporting public sector projects in California while helping individual investors manage their tax exposures through strategically focused municipal debt investment.

• Fund Family: DWS
• Category: Muni California Long
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: SDCSX
• Share Class: Class S
• Index: Bloomberg Municipal Bond TR

Performance

SDCSX had a total return of -1.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.51%.

Equivalent Funds

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

Symbol	Provider	Name	Expense Ratio
FCMAX	Fidelity	Fidelity Advisor California Muni Inc A	0.76%
FCTFX	Fidelity	Fidelity California Municipal Income Fund	0.43%
FIJBX	Fidelity	Fidelity Advisor California Muni Inc Z	0.41%
FCMQX	Fidelity	Fidelity Advisor California Muni Inc I	0.52%
FCMTX	Fidelity	Fidelity Advisor California Muni Inc M	0.66%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
DCLIX	Institutional Class	0.56%
KCTAX	Class A	0.81%
KCTCX	Class C	1.56%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 24, 2026	$0.02041	Sep 24, 2026
Aug 25, 2026	$0.01905	Aug 25, 2026
Jul 27, 2026	$0.02188	Jul 27, 2026
Jun 24, 2026	$0.02039	Jun 24, 2026
May 22, 2026	$0.01935	May 22, 2026
Apr 24, 2026	$0.02185	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

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