DWS New York Tax-Free Income Fund - Class S (SNWYX)
| Fund Assets | 179.20M |
| Expense Ratio | 0.67% |
| Min. Investment | $2,500 |
| Turnover | 46.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.19% |
| Dividend Growth | 6.46% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 24, 2025 |
| Previous Close | 9.37 |
| YTD Return | -4.05% |
| 1-Year Return | -3.49% |
| 5-Year Return | -4.25% |
| 52-Week Low | 9.28 |
| 52-Week High | 10.12 |
| Beta (5Y) | n/a |
| Holdings | 165 |
| Inception Date | Jun 18, 2001 |
About SNWYX
DWS New York 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 exempt from federal, New York State, and New York City personal income taxes. The fund primarily invests in a diversified portfolio of municipal securities issued by New York municipalities, authorities, and other local entities, aiming to preserve capital and generate tax-advantaged income for residents of New York. By focusing on tax-exempt bonds, the fund is especially relevant for investors seeking to minimize their tax liabilities while maintaining exposure to high-credit-quality municipal issuers. Its holdings span various sectors intrinsic to New York’s economy and public infrastructure, reinforcing its role as a specialized tool for tax-aware income generation and preservation of capital in a state-specific context. This fund caters primarily to individuals and institutions with significant tax exposure in New York, reflecting its niche position in the broader U.S. municipal bond market.
Performance
SNWYX had a total return of -3.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.35%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FEMIX | Fidelity | Fidelity Advisor New York Municipal Income Fund - Class I | 0.52% |
| FNMAX | Fidelity | Fidelity Advisor New York Municipal Income Fund - Class A | 0.75% |
| FTFMX | Fidelity | Fidelity New York Municipal Income Fund | 0.44% |
| FNYPX | Fidelity | Fidelity Advisor New York Municipal Income Fund - Class M | 0.71% |
| FNYCX | Fidelity | Fidelity Advisor NY Municipal Inc C | 1.45% |
Top 10 Holdings
18.60% of assets| Name | Symbol | Weight |
|---|---|---|
| New York Liberty Development Corp - LIBERTY DEV CORP NY REVENUE | NY.LBTDEV 5.25 10.01.2035 | 3.06% |
| Nuveen New York AMT-Free Quality Municipal Income Fund | NRK | 2.68% |
| Metropolitan Transportation Authority - MET TRANSPRTN AUTH NY REVENUE | NY.MTATRN 4 11.15.2034 | 1.91% |
| New York Transportation Development Corp - NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE | NY.NYTTRN 6 06.30.2054 | 1.72% |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue - TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE | NY.TRITRN 5 05.15.2045 | 1.69% |
| Triborough Bridge & Tunnel Authority - TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX | NY.TRBTRN 5 05.15.2047 | 1.68% |
| Tompkins County Development Corp - TOMPKINS CNTY NY DEV CORP REVENUE | NY.TOMDEV 5 07.01.2038 | 1.57% |
| Metropolitan Transportation Authority - MET TRANSPRTN AUTH NY REVENUE | n/a | 1.52% |
| New York State Dormitory Authority - NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT | NY.NYSHGR 5 10.01.2047 | 1.40% |
| New York Liberty Development Corp - NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE | n/a | 1.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2025 | $0.02672 | Jun 24, 2025 |
| May 23, 2025 | $0.02923 | May 23, 2025 |
| Apr 24, 2025 | $0.02779 | Apr 24, 2025 |
| Mar 25, 2025 | $0.02636 | Mar 25, 2025 |
| Feb 24, 2025 | $0.02746 | Feb 24, 2025 |
| Jan 27, 2025 | $0.02816 | Jan 27, 2025 |