DWS Short Term Municipal Bond Fund - Class A (SRMAX)
| Fund Assets | 168.84M |
| Expense Ratio | 0.68% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 2.64% |
| Dividend Growth | 8.03% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 24, 2025 |
| Previous Close | 9.88 |
| YTD Return | 0.73% |
| 1-Year Return | 3.01% |
| 5-Year Return | 4.64% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 139 |
| Inception Date | Feb 28, 2003 |
About SRMAX
The Fund's investment strategy focuses on Short Muni Debt with 0.72% total expense ratio. The minimum amount to invest in Deutsche DWS Municipal Trust: DWS Short-Term Municipal Bond Fund; Class A Shares is $1,000 on a standard taxable account. Deutsche DWS Municipal Trust: DWS Short-Term Municipal Bond Fund; Class A Shares seeks as high a level of income exempt from regular federal income tax (i.e., excluded from gross income for federal income tax purposes), as is consistent with the preservation of capital. SRMAX expects to maintain a dollar weighted effective average portfolio maturity no more than 3 years.
Performance
SRMAX had a total return of 3.01% in the past year. Since the fund's inception, the average annual return has been 1.62%, including dividends.
Top 10 Holdings
18.88% of assets| Name | Symbol | Weight |
|---|---|---|
| HALIFAX CNTY VA INDL DEV AUTH REV 3.8% | VA HALDEV 12.01.2041 | 2.17% |
| LOUISIANA PUB FACS AUTH SOLID WASTE DISP FAC REV 5% | LA LASFAC 10.01.2043 | 2.07% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4% | AL BBEUTL 04.01.2053 | 1.98% |
| LOUISVILLE/JEFFERSON CNTY KY METRO GOVT POLLUTION CTL REV 1.35% | KY LOUUTL 1.35 11.01.2027 | 1.91% |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% | KY KYSPWR 12.01.2049 | 1.89% |
| OKLAHOMA ST INDS AUTH EDL FACS LEASE REV 5% | OK OKSDEV 5 04.01.2029 | 1.85% |
| DALLAS TEX 5% | TX DAL 5 02.15.2027 | 1.79% |
| HOUSTON TEX ARPT SYS REV 5% | TX HOUAPT 5 07.01.2026 | 1.75% |
| FORT BEND TEX INDPT SCH DIST 4% | TX FORSCD 08.01.2054 | 1.75% |
| TEXAS ST 2.35% | TX TXS 06.01.2050 | 1.72% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 24, 2025 | $0.02306 | Feb 24, 2025 |
| Jan 27, 2025 | $0.02338 | Jan 27, 2025 |
| Dec 24, 2024 | $0.02266 | Dec 24, 2024 |
| Nov 22, 2024 | $0.02118 | Nov 22, 2024 |
| Oct 25, 2024 | $0.024 | Oct 25, 2024 |
| Sep 24, 2024 | $0.02149 | Sep 24, 2024 |