SMLAX Mutual Fund

NAV$7.93

Fund Essentials - as of Feb 28, 2026

Net Assets
$587M
Expense Ratio
0.81%
Dividend Yield (Current)
4.03%
Holdings
386
Inception Date
Jun 11, 2001
Fund Family
DWS
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+2.90%
1 Year+7.37%
3 Year+3.88%
5 Year+0.21%
10 Year+1.47%

Asset Allocation

Bonds: 99.76%
Cash: 0.01%
Other: 0.23%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
CO PUBUTL 6.5 11/15/Public Authority For Colorado Energy 6.5 11/15/20382.23%
NY NYC 5.25 02/01/20City Of New York Ny 0.0525 02/01/20481.29%
CA MSRPWR 7 11/01/20M-s-r Ca Energy Auth Gas Revenue1.14%
OH COLAPT 5.5 01/01/Columbus Ohio Regl Arpt 5.5 01Jan501.13%
-Washington Health Care Facilities Authority1.09%
Top 10 Concentration: 11.55%Report Date: Feb 28, 2026
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Dividend Summary

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Dividend Yield (Current)
4.03%
Frequency
Monthly
Latest Distribution
$0.02
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
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Category rank, peer-average returns and outperformance, updated daily.
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SMLAX Mutual Fund Overview

SMLAX Mutual Fund (DWS Managed Municipal Bond Fund Class A) is managed by DWS with $586.7M in net assets. SMLAX expense ratio is 0.81%, holding 386 positions across sectors including Other, Financials, Utilities. Inception date: 2001-06-11.

SMLAX performance shows a YTD return of 2.90%. The 1-year return is 7.37% and the 5-year return is 0.21%. SMLAX dividend yield stands at 4.03%, paid monthly.

SMLAX top holdings include Public Authority For Colorado Energy 6.5 11/15/2038 (2.2%), City Of New York Ny 0.0525 02/01/2048 (1.3%), M-s-r Ca Energy Auth Gas Revenue (1.1%), Columbus Ohio Regl Arpt 5.5 01Jan50 (1.1%), Washington Health Care Facilities Authority (1.1%). View all SMLAX holdings, sector breakdown, or dividend history.

SMLAX can be compared against other funds using the overlap calculator or side-by-side comparison tool. SMLAX alternatives are available via the screener, along with tax-loss harvesting opportunities.