DWS Intermediate Tax-Free A (SZMAX)
Fund Assets | 699.69M |
Expense Ratio | 0.74% |
Min. Investment | $1,000 |
Turnover | 48.00% |
Dividend (ttm) | 0.33 |
Dividend Yield | 2.89% |
Dividend Growth | 5.57% |
Payout Frequency | Monthly |
Ex-Dividend Date | Aug 25, 2025 |
Previous Close | 10.98 |
YTD Return | 1.04% |
1-Year Return | 0.42% |
5-Year Return | 1.33% |
52-Week Low | 10.57 |
52-Week High | 11.16 |
Beta (5Y) | n/a |
Holdings | 317 |
Inception Date | Jun 11, 2001 |
About SZMAX
DWS Intermediate Tax-Free Fund Class A is a mutual fund designed to deliver a high level of income that is generally exempt from regular federal income taxes. The fund primarily invests in a diversified portfolio of municipal bonds issued by various state and local governments to finance public projects, such as infrastructure and community development. With a target duration of 4 to 6 years, this fund focuses on the intermediate segment of the municipal bond market, balancing yield potential with moderate interest rate risk. By spreading its assets across different states and sectors, it aims to reduce credit and geographic risk. The fund also places an emphasis on limiting principal fluctuation, striving for capital stability alongside tax-advantaged income. This makes it a key choice for investors seeking tax efficiency in their fixed income allocation, and it plays a notable role in portfolios where managing tax liability and preserving capital are priorities.
Performance
SZMAX had a total return of 0.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.02%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Symbol | Provider | Name | Expense Ratio |
---|---|---|---|
VWITX | Vanguard | Vanguard Interm-Term Tx-Ex Inv | 0.17% |
Top 10 Holdings
12.51% of assetsName | Symbol | Weight |
---|---|---|
MICHIGAN FIN AUTH REV 5% | MI.MISFIN 5 11.15.2031 | 1.56% |
ATLANTA GA WTR & WASTEWTR REV 5.25% | GA.ATLUTL 5.25 11.01.2027 | 1.47% |
DENVER COLO CITY & CNTY ARPT REV 5% | CO.DENAPT 5 12.01.2035 | 1.46% |
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4% | GA.MAIUTL 05.01.2052 | 1.43% |
SOUTHEAST ENERGY AUTH COOP DIST ALA COMMODITY SUPPLY REV 5% | AL.SEEPWR 01.01.2054 | 1.27% |
MONTGOMERY CNTY PA INDL DEV AUTH REV 5% | PA.MONDEV 5 12.01.2033 | 1.22% |
CALIFORNIA HSG FIN AGY MULTIFAMILY GREEN TAX-EXEMPT MTG-BKD BDS 2.35% | CA.CASHSG 2.35 12.01.2035 | 1.08% |
UTILITY DEBT SECURITIZATION AUTH N Y 5% | NY.UTLUTL 5 12.15.2038 | 1.08% |
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5% | CA.SFOAPT 5 05.01.2035 | 1.02% |
ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.5% | AL.ESDPWR 11.01.2053 | 0.92% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Aug 25, 2025 | $0.0262 | Aug 25, 2025 |
Jul 25, 2025 | $0.03017 | Jul 25, 2025 |
Jun 24, 2025 | $0.02716 | Jun 24, 2025 |
May 23, 2025 | $0.02872 | May 23, 2025 |
Apr 24, 2025 | $0.02746 | Apr 24, 2025 |
Mar 25, 2025 | $0.02565 | Mar 25, 2025 |