SCMAX Mutual Fund

SCMAX Mutual Fund

NAV$12.85
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Fund Essentials - as of Jun 30, 2026

Net Assets
$140M
Expense Ratio
0.62%
Dividend Yield (Current)
3.42%
Holdings
114
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+0.94%
1 Year+5.90%
3 Year+2.96%
5 Year+0.01%
10 Year+1.44%

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. Rb2.94%
-Commonwealth Of Massachusetts Transportation Fund Revenue 5 06/01/20552.94%
MA MAS 5 07/01/2048Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2020d2.88%
-Massachusetts St Bay Transprtn Auth Sales Tax Revenue 5 2043-07-012.81%
MA MAS 5 05/01/2053Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2023A 5 05-01-20532.80%
Top 10 Concentration: 24.36%Report Date: Jun 30, 2026
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Dividend Summary

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Dividend Yield (Current)
3.42%
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 $139.9M in net assets. SCMAX expense ratio is 0.62%, holding 114 positions across sectors including Financials, Utilities. Inception date: 1987-05-28.

SCMAX performance shows a YTD return of 0.94%. The 1-year return is 5.90% and the 5-year return is 0.01%. SCMAX dividend yield stands at 3.42%, paid monthly.

SCMAX top holdings include Massachusetts (state Of) Port Authority, Series 2019 A, Ref. Rb (2.9%), Commonwealth Of Massachusetts Transportation Fund Revenue 5 06/01/2055 (2.9%), Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2020d (2.9%), Massachusetts St Bay Transprtn Auth Sales Tax Revenue 5 2043-07-01 (2.8%), Massachusetts State, General Obligation Bonds, Consolidated Loan, Series 2023A 5 05-01-2053 (2.8%). 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.