DWS Intermediate Tax-Free A (SZMAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.98
0.00 (0.00%)
Sep 12, 2025, 4:00 PM EDT
Fund Assets699.69M
Expense Ratio0.74%
Min. Investment$1,000
Turnover48.00%
Dividend (ttm)0.33
Dividend Yield2.89%
Dividend Growth5.57%
Payout FrequencyMonthly
Ex-Dividend DateAug 25, 2025
Previous Close10.98
YTD Return1.04%
1-Year Return0.42%
5-Year Return1.33%
52-Week Low10.57
52-Week High11.16
Beta (5Y)n/a
Holdings317
Inception DateJun 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.

Fund Family DWS
Category Muni National Interm
Stock Exchange NASDAQ
Ticker Symbol SZMAX
Share Class Class A
Index Bloomberg 1-15 Y Municipal Blend TR

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.

SymbolProviderNameExpense Ratio
VWITXVanguardVanguard Interm-Term Tx-Ex Inv0.17%

Other Share Classes

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

SymbolShare ClassExpense Ratio
SZMIXInstitutional Class0.49%
SCMTXClass S0.54%
SZMCXClass C1.49%

Top 10 Holdings

12.51% of assets
NameSymbolWeight
MICHIGAN FIN AUTH REV 5%MI.MISFIN 5 11.15.20311.56%
ATLANTA GA WTR & WASTEWTR REV 5.25%GA.ATLUTL 5.25 11.01.20271.47%
DENVER COLO CITY & CNTY ARPT REV 5%CO.DENAPT 5 12.01.20351.46%
MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%GA.MAIUTL 05.01.20521.43%
SOUTHEAST ENERGY AUTH COOP DIST ALA COMMODITY SUPPLY REV 5%AL.SEEPWR 01.01.20541.27%
MONTGOMERY CNTY PA INDL DEV AUTH REV 5%PA.MONDEV 5 12.01.20331.22%
CALIFORNIA HSG FIN AGY MULTIFAMILY GREEN TAX-EXEMPT MTG-BKD BDS 2.35%CA.CASHSG 2.35 12.01.20351.08%
UTILITY DEBT SECURITIZATION AUTH N Y 5%NY.UTLUTL 5 12.15.20381.08%
SAN FRANCISCO CALIF CITY & CNTY ARPTS COMMN INTL ARPT REV 5%CA.SFOAPT 5 05.01.20351.02%
ENERGY SOUTHEAST ALA COOP DIST ENERGY SUPPLY REV 5.5%AL.ESDPWR 11.01.20530.92%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Aug 25, 2025$0.0262Aug 25, 2025
Jul 25, 2025$0.03017Jul 25, 2025
Jun 24, 2025$0.02716Jun 24, 2025
May 23, 2025$0.02872May 23, 2025
Apr 24, 2025$0.02746Apr 24, 2025
Mar 25, 2025$0.02565Mar 25, 2025
Full Dividend History