DWS Short Term Municipal Bond Fund - Class S (SRMSX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.84
0.00 (0.00%)
Feb 3, 2025, 4:00 PM EST
0.72%
Fund Assets 228.78M
Expense Ratio 0.48%
Min. Investment $2,500
Turnover n/a
Dividend (ttm) 0.29
Dividend Yield 2.92%
Dividend Growth 11.15%
Payout Frequency Monthly
Ex-Dividend Date Jan 27, 2025
Previous Close 9.84
YTD Return 0.31%
1-Year Return 3.20%
5-Year Return 5.38%
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 129
Inception Date Feb 28, 2005

About SRMSX

The Fund's investment strategy focuses on Short Muni Debt with 0.57% total expense ratio. The minimum amount to invest in Deutsche DWS Municipal Trust: DWS Short-Term Municipal Bond Fund; Class S Shares is $2,500 on a standard taxable account. Deutsche DWS Municipal Trust: DWS Short-Term Municipal Bond Fund; Class S 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. SRMSX expects to maintain a dollar weighted effective average portfolio maturity no more than 3 years.

Category Muni National Short
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol SRMSX
Share Class Class S
Index Index is not available on Lipper Database

Performance

SRMSX had a total return of 3.20% in the past year. Since the fund's inception, the average annual return has been 1.71%, including dividends.

Other Share Classes

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

Symbol Share Class Expense Ratio
MGSMX Institutional Class 0.43%
SRMAX Class A 0.68%
SRMCX Class C 1.43%

Top 10 Holdings

20.66% of assets
Name Symbol Weight
HALIFAX CNTY VA INDL DEV AUTH REV 3.8% VA HALDEV 12.01.2041 2.39%
LOUISIANA PUB FACS AUTH SOLID WASTE DISP FAC REV 5% LA LASFAC 10.01.2043 2.28%
BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4% AL BBEUTL 04.01.2053 2.18%
LOUISVILLE/JEFFERSON CNTY KY METRO GOVT POLLUTION CTL REV 1.35% n/a 2.09%
KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4% KY KYSPWR 12.01.2049 2.08%
OKLAHOMA ST INDS AUTH EDL FACS LEASE REV 5% OK OKSDEV 5 04.01.2029 2.03%
DALLAS TEX 5% TX DAL 5 02.15.2027 1.97%
HOUSTON TEX ARPT SYS REV 5% n/a 1.93%
FORT BEND TEX INDPT SCH DIST 4% TX FORSCD 08.01.2054 1.92%
GREAT LAKES WTR AUTH MICH SEW DISP SYS REV 5% n/a 1.78%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jan 27, 2025 $0.02512 Jan 27, 2025
Dec 24, 2024 $0.02436 Dec 24, 2024
Nov 22, 2024 $0.02266 Nov 22, 2024
Oct 25, 2024 $0.02573 Oct 25, 2024
Sep 24, 2024 $0.02303 Sep 24, 2024
Aug 26, 2024 $0.02409 Aug 26, 2024
Full Dividend History