SCMAX Mutual Fund

SCMAX Mutual Fund

NAV$12.41
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Fund Essentials - as of Jul 31, 2026

Net Assets
$135M
Expense Ratio
0.64%
Dividend Yield (Current)
3.30%
Holdings
117
Inception Date
May 28, 1987
Fund Family
DWS
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+0.47%
1 Year+4.50%
3 Year+3.17%
5 Year+0.01%
10 Year+1.41%

Asset Allocation

Bonds: 100.00%
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Top Holdings

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TickerNameWeight
-Massachusetts (state Of) Port Authority, Series 2019 A, Ref. Rb3.04%
MA MAS 5 07/01/2048Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2020d2.99%
MA MAS 5 05/01/2053Massachusetts St Go Consolidated Ln Bds 2023A 5.0 2053-05-012.87%
-Ma Harvard 99R V1 2049-11-012.16%
-Massachusetts St Port Auth 4 07/01/20442.15%
Top 10 Concentration: 22.99%Report Date: Jul 31, 2026
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Dividend Summary

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Dividend Yield (Current)
3.30%
Frequency
Monthly
Latest Distribution
$0.02
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO

SCMAX Mutual Fund Overview

SCMAX Mutual Fund (DWS Massachusetts Tax Free Fund Class S) is managed by DWS with $134.9M in net assets. SCMAX expense ratio is 0.64%, holding 117 positions across sectors including Financials, Utilities, Health Care. Inception date: 1987-05-28.

SCMAX performance shows a YTD return of 0.47%. The 1-year return is 4.50% and the 5-year return is 0.01%. SCMAX dividend yield stands at 3.30%, paid monthly.

SCMAX top holdings include Massachusetts (state Of) Port Authority, Series 2019 A, Ref. Rb (3.0%), Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2020d (3.0%), Massachusetts St Go Consolidated Ln Bds 2023A 5.0 2053-05-01 (2.9%), Ma Harvard 99R V1 2049-11-01 (2.2%), Massachusetts St Port Auth 4 07/01/2044 (2.1%). Go to all SCMAX holdings, SCMAX sectors, or SCMAX dividends.

SCMAX can be compared against other funds. Use SCMAX overlap to find shared positions, or SCMAX vs another fund for a side-by-side view. SCMAX alternatives are available via the screener, along with tax-loss harvesting opportunities.