DWS Multi-Asset Conservative Allocation Fund - Class S (SPBAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
13.00
+0.03 (0.23%)
Feb 13, 2026, 2:59 PM EST
Fund Assets85.77M
Expense Ratio0.78%
Min. Investment$2,500
Turnovern/a
Dividend (ttm)1.43
Dividend Yield10.99%
Dividend Growth105.98%
Payout FrequencyQuarterly
Ex-Dividend DateDec 30, 2025
Previous Close12.97
YTD Return2.12%
1-Year Return10.89%
5-Year Return13.13%
52-Week Low10.98
52-Week High13.00
Beta (5Y)n/a
Holdings30
Inception DateNov 15, 1996

About SPBAX

The DWS Multi-Asset Conservative Allocation Fund - Class S (SPBAX) seeks to maximize total return. Under normal market conditions, the Fund will invest between 20% and 50% ofassets in equity securities, including investments in underlying funds that invest primarily in equity securities, and between 50% and 80% of assets in fixed income securities.

Fund Family Deutsche DWS
Category Allocation--15% to 30% Equity
Stock Exchange NASDAQ
Ticker Symbol SPBAX
Share Class Class S
Index S&P Target Risk Conservative TR

Performance

SPBAX had a total return of 10.89% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.33%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
SPDAXClass A1.03%
SPDCXClass C1.78%

Top 10 Holdings

89.59% of assets
NameSymbolWeight
DWS Equity 500 Index Fund - Class InstBTIIX18.88%
iShares GNMA Bond ETFGNMA12.65%
iShares iBoxx $ Invmt Grade Corp Bd ETFn/a12.01%
iShares U.S. Treasury Bond ETFGOVT11.08%
DWS High Income Fund - Class InstKHYIX9.66%
Vanguard Total International Bond ETFBNDX9.06%
Vanguard Intermediate-Term Corporate Bond ETFVCIT6.22%
iShares JP Morgan USD Emerging Markets Bond ETFEMB6.08%
iShares Core MSCI Europe ETFIEUR2.02%
DWS Emerging Markets Equity Fund - Class InstSEKIX1.92%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 30, 2025$1.1448Dec 31, 2025
Sep 29, 2025$0.0989Sep 30, 2025
Jun 27, 2025$0.0942Jun 30, 2025
Mar 28, 2025$0.0912Mar 31, 2025
Dec 30, 2024$0.4427Dec 31, 2024
Sep 27, 2024$0.0905Sep 30, 2024
Full Dividend History