DWS Multi-Asset Conservative Allc S (SPBAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

13.02

-0.01 (-0.08%)

At close: Aug 26, 2026

-3.63% (1Y)

Fund Assets	85.77M
Expense Ratio	0.72%
Min. Investment	$2,500
Turnover	n/a
Dividend (ttm)	0.44
Dividend Yield	3.36%
Dividend Growth	9.08%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 29, 2026

Previous Close	13.03
YTD Return	4.02%
1-Year Return	7.57%
5-Year Return	16.16%
52-Week Low	12.46
52-Week High	13.93
Beta (5Y)	0.49
Holdings	34
Inception Date	Nov 15, 1996

About SPBAX

The DWS Multi-Asset Conservative Allc 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 7.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.41%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
SPDAX	Class A	0.97%
SPDCX	Class C	1.72%

Top 10 Holdings

86.54% of assets

Name	Symbol	Weight
iShares GNMA Bond ETF	GNMA	15.59%
DWS Equity 500 Index Fund - Class Inst	BTIIX	15.18%
iShares iBoxx $ Invmt Grade Corp Bd ETF	n/a	13.85%
DWS High Income Fund - Class Inst	KHYIX	9.77%
iShares U.S. Treasury Bond ETF	GOVT	9.76%
iShares JP Morgan USD Emerging Markets Bond ETF	EMB	7.40%
Vanguard Total International Bond ETF	BNDX	5.51%
Vanguard Intermediate-Term Corporate Bond ETF	VCIT	3.47%
Dws Central Cash Management Government Fund	n/a	3.23%
DWS Emerging Markets Equity Fund - Class Inst	SEKIX	2.77%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 29, 2026	$0.1243	Jun 30, 2026
Mar 30, 2026	$0.0916	Mar 31, 2026
Dec 30, 2025	$1.1448	Dec 31, 2025
Sep 29, 2025	$0.0989	Sep 30, 2025
Jun 27, 2025	$0.0942	Jun 30, 2025
Mar 28, 2025	$0.0912	Mar 31, 2025

Full Dividend History