DWS Intermediate Tax-Free C (SZMCX)
| Fund Assets | 711.32M |
| Expense Ratio | 1.49% |
| Min. Investment | $1,000 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.23 |
| Dividend Yield | 2.06% |
| Dividend Growth | 7.99% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 24, 2025 |
| Previous Close | 11.05 |
| YTD Return | 1.56% |
| 1-Year Return | 1.83% |
| 5-Year Return | -0.57% |
| 52-Week Low | 10.56 |
| 52-Week High | 11.10 |
| Beta (5Y) | n/a |
| Holdings | 306 |
| Inception Date | Jun 11, 2001 |
About SZMCX
DWS Intermediate Tax-Free Fund - Class C is a municipal bond mutual fund designed to deliver a high level of income that is exempt from regular federal income taxes while seeking to limit principal fluctuation. The portfolio primarily invests in investment-grade securities issued by municipalities across the United States, typically maintaining at least 80% of net assets in tax-exempt holdings. Its strategy emphasizes intermediate maturities, with a significant allocation to revenue bonds alongside general obligation bonds, aiming to balance income generation with interest rate sensitivity. As of mid-2025, the fund’s credit profile spans AAA to BBB and select below-investment-grade and unrated positions, reflecting diversified credit exposure within the municipal market. The fund tracks characteristics of the national intermediate muni category and has been recognized by third-party ratings for risk-adjusted performance at certain share classes, though ratings are not predictive of future results. Managed by DWS, the vehicle serves investors seeking federally tax-exempt income and exposure to a broad cross-section of U.S. municipal issuers, including key states with sizable issuance such as Texas and New York.
Performance
SZMCX had a total return of 1.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.28%.
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
12.71% of assets| Name | Symbol | Weight |
|---|---|---|
| Michigan Finance Authority - MICHIGAN ST FIN AUTH REVENUE | MI.MISFIN 5 11.15.2031 | 1.56% |
| City of Atlanta GA Water & Wastewater Revenue - ATLANTA GA WTR & WSTWTR REVENUE | GA.ATLUTL 5.25 11.01.2027 | 1.48% |
| City & County of Denver CO Airport System Revenue - DENVER CITY & CNTY CO ARPT REVENUE | CO.DENAPT 5 12.01.2035 | 1.47% |
| MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE | GA.MAIUTL 05.01.2052 | 1.45% |
| Southeast Energy Authority A Cooperative District - SOUTHEAST ENERGY AUTH AL COOPERATIVE DIST COMMODITY SPLY REV | AL.SEEPWR 01.01.2054 | 1.28% |
| Montgomery County Industrial Development Authority/PA - MONTGOMERY CNTY PA INDL DEV AUTH | PA.MONDEV 5 12.01.2033 | 1.23% |
| California Housing Finance Agency - CALIFORNIA ST HSG FIN AGY MULTIFAMILY GREEN TAX EXEMPT | CA.CASHSG 2.35 12.01.2035 | 1.10% |
| Utility Debt Securitization Authority - UTILITY DEBT SECURITIZATION AUTH NY | n/a | 1.08% |
| San Francisco City & County Airport Comm-San Francisco International Airport - SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV | n/a | 1.03% |
| PORT OF SEATTLE WA REVENUE | n/a | 1.03% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 24, 2025 | $0.02239 | Sep 24, 2025 |
| Aug 25, 2025 | $0.01978 | Aug 25, 2025 |
| Jul 25, 2025 | $0.02286 | Jul 25, 2025 |
| Jun 24, 2025 | $0.02074 | Jun 24, 2025 |
| May 23, 2025 | $0.02163 | May 23, 2025 |
| Apr 24, 2025 | $0.02081 | Apr 24, 2025 |