DWS Intermediate Tax-Free Fund - Class A (SZMAX)
| Fund Assets | 691.85M |
| Expense Ratio | 0.73% |
| Min. Investment | $1,000 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.35 |
| Dividend Yield | 3.10% |
| Dividend Growth | 6.92% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 24, 2026 |
| Previous Close | 10.96 |
| YTD Return | 0.32% |
| 1-Year Return | 5.15% |
| 5-Year Return | 1.48% |
| 52-Week Low | 10.71 |
| 52-Week High | 11.23 |
| Beta (5Y) | 0.04 |
| Holdings | 312 |
| 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 5.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.06%.
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% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 24, 2026 | $0.0294 | Jun 24, 2026 |
| May 22, 2026 | $0.02789 | May 22, 2026 |
| Apr 24, 2026 | $0.03106 | Apr 24, 2026 |
| Mar 25, 2026 | $0.02828 | Mar 25, 2026 |
| Feb 23, 2026 | $0.02792 | Feb 23, 2026 |
| Jan 27, 2026 | $0.02987 | Jan 27, 2026 |