DWS Intermediate Tax-Free Fund - Class A (SZMAX)

Fund Assets	678.11M
Expense Ratio	0.619%
Min. Investment	$1,000
Turnover	30.00%
Dividend (ttm)	0.32
Dividend Yield	2.99%
Dividend Growth	6.40%
Payout Frequency	n/a
Ex-Dividend Date	Sep 24, 2026

Previous Close	10.75
YTD Return	-0.50%
1-Year Return	-0.18%
5-Year Return	1.52%
52-Week Low	10.32
52-Week High	11.23
Beta (5Y)	0.04
Holdings	332
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.

• Fund Family: DWS
• Category: Muni National Interm
• Performance Rating: Average
• Risk Rating: Average
• 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 -0.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.99%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VWITX	Vanguard	Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares	0.17%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
SZMIX	Institutional Class	0.38%
SCMTX	Class S	0.38%
SZMCX	Class C	1.38%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 24, 2026	$0.03011	Sep 24, 2026
Aug 25, 2026	$0.02783	Aug 25, 2026
Jul 27, 2026	$0.03184	Jul 27, 2026
Jun 24, 2026	$0.0294	Jun 24, 2026
May 22, 2026	$0.02789	May 22, 2026
Apr 24, 2026	$0.03106	Apr 24, 2026

Data Sources: Tiingo and Finnhub

Historical data is provided by Tiingo. Several fund data points are also provided by Finnhub.

Last checked:

Nov 14, 2026

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