DWS Intermediate Tax-Free Fund - Class Inst (SZMIX)
| Fund Assets | 722.71M |
| Expense Ratio | 0.49% |
| Min. Investment | $1,000,000 |
| Turnover | 48.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.27% |
| Dividend Growth | 5.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 27, 2026 |
| Previous Close | 11.18 |
| YTD Return | 1.36% |
| 1-Year Return | 5.09% |
| 5-Year Return | 6.05% |
| 52-Week Low | 10.35 |
| 52-Week High | 11.19 |
| Beta (5Y) | 0.23 |
| Holdings | 316 |
| Inception Date | Dec 20, 2004 |
About SZMIX
DWS Intermediate Tax-Free Fund – Institutional Class is an open-end municipal bond mutual fund focused on generating a high level of income exempt from regular federal income taxes while seeking to limit principal fluctuation. The portfolio primarily holds intermediate-term securities issued by municipalities across the United States, maintaining at least 80% of net assets in tax-exempt municipal instruments under normal conditions. Managed by DWS, a global asset manager, the strategy may also allocate a portion to securities subject to the federal alternative minimum tax, reflecting a balanced approach to credit and duration within the national intermediate muni category. The Institutional Class is tailored to qualified institutions and features a high minimum initial investment alongside a competitive expense profile typical for its share class. The fund’s role in the market is to provide tax-efficient income with intermediate interest-rate sensitivity, serving as a core municipal allocation for investors seeking federally tax-exempt distributions and diversified exposure to state and local issuers across sectors such as utilities, transportation, education, and essential services.
Performance
SZMIX had a total return of 5.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.47%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 27, 2026 | $0.03236 | Jan 27, 2026 |
| Dec 24, 2025 | $0.03239 | Dec 24, 2025 |
| Nov 21, 2025 | $0.02805 | Nov 21, 2025 |
| Oct 27, 2025 | $0.03336 | Oct 27, 2025 |
| Sep 24, 2025 | $0.03135 | Sep 24, 2025 |
| Aug 25, 2025 | $0.02833 | Aug 25, 2025 |