DWS Intermediate Tax-Free C (SZMCX)
| Fund Assets | 699.69M |
| Expense Ratio | 1.49% |
| Min. Investment | $1,000 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 2.23% |
| Dividend Growth | 7.37% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 25, 2025 |
| Previous Close | 10.81 |
| YTD Return | -0.18% |
| 1-Year Return | -1.11% |
| 5-Year Return | -2.50% |
| 52-Week Low | 10.56 |
| 52-Week High | 11.15 |
| Beta (5Y) | n/a |
| Holdings | 317 |
| 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 -1.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.22%.
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 assets| Name | 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 | $0.01978 | 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 |
| Mar 25, 2025 | $0.01901 | Mar 25, 2025 |