DWS Short Term Municipal Bond Fund - Class C (SRMCX)
| Fund Assets | 168.84M |
| Expense Ratio | 1.43% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.19 |
| Dividend Yield | 1.96% |
| Dividend Growth | 7.32% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 24, 2025 |
| Previous Close | 9.88 |
| YTD Return | 0.95% |
| 1-Year Return | 2.45% |
| 5-Year Return | 1.74% |
| 52-Week Low | 9.73 |
| 52-Week High | 9.91 |
| Beta (5Y) | 0.08 |
| Holdings | 126 |
| Inception Date | Feb 28, 2003 |
About SRMCX
The Fund's investment strategy focuses on Short Muni Debt with 1.47% total expense ratio. The minimum amount to invest in Deutsche DWS Municipal Trust: DWS Short-Term Municipal Bond Fund; Class C Shares is $1,000 on a standard taxable account. Deutsche DWS Municipal Trust: DWS Short-Term Municipal Bond Fund; Class C 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. SRMCX expects to maintain a dollar weighted effective average portfolio maturity no more than 3 years.
Performance
SRMCX had a total return of 2.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.86%.
Top 10 Holdings
20.57% of assets| Name | Symbol | Weight |
|---|---|---|
| Halifax County Industrial Development Authority - HALIFAX CNTY VA INDL DEV AUTH REVENUE | VA.HALDEV 12.01.2041 | 2.43% |
| Louisiana Public Facilities Authority - LOUISIANA ST PUBLIC FACS AUTHSOL WST DISP FAC REVENUE | LA.LASFAC 10.01.2043 | 2.32% |
| Black Belt Energy Gas District - BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE | AL.BBEUTL 04.01.2053 | 2.22% |
| Louisville/Jefferson County Metropolitan Government - LOUISVILLE & JEFFERSON CNTY KY MET GOVT POLL CONTROL REVENUE | KY.LOUUTL 1.35 11.01.2027 | 2.15% |
| Oklahoma Industries Authority - OKLAHOMA ST INDUSTRIES AUTH EDL FACS LEASE REVENUE | OK.OKSDEV 5 04.01.2029 | 2.04% |
| City of Dallas TX - DALLAS TX | TX.DAL 5 02.15.2027 | 2.00% |
| City of Houston TX Airport System Revenue - HOUSTON TX ARPT SYS REVENUE | TX.HOUAPT 5 07.01.2026 | 1.96% |
| Fort Bend Independent School District - FORT BEND TX INDEP SCH DIST | TX.FORSCD 08.01.2054 | 1.95% |
| Great Lakes Water Authority Sewage Disposal System Revenue - GREAT LAKES MI WTR AUTH SEWAGE DISPOSAL SYS REVENUE | MI.GRTWTR 5 07.01.2027 | 1.80% |
| Borough of Matanuska-Susitna AK - MATANUSKA-SUSITNA BORO AK LEASE REVENUE | AK.MATREV 5 09.01.2032 | 1.69% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2025 | $0.01636 | Jun 24, 2025 |
| May 23, 2025 | $0.0167 | May 23, 2025 |
| Apr 24, 2025 | $0.01576 | Apr 24, 2025 |
| Mar 25, 2025 | $0.01475 | Mar 25, 2025 |
| Feb 24, 2025 | $0.01738 | Feb 24, 2025 |
| Jan 27, 2025 | $0.01671 | Jan 27, 2025 |