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DWS Global Income Builder Fund
mutual fund
KTRIX
Payout Change
Pending
Price as of:
$10.23
-0.04
-0.39%
primary theme
N/A
share class
KTRIX (Mutual Fund)
DWS Global Income Builder Fund
Payout Change
Pending
Price as of:
$10.23
-0.04
-0.39%
primary theme
N/A
share class
KTRIX (Mutual Fund)
DWS Global Income Builder Fund
Payout Change
Pending
Price as of:
$10.23
-0.04
-0.39%
primary theme
N/A
share class
Name
As of 12/10/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
12.1%
1 yr return
16.0%
3 Yr Avg Return
3.4%
5 Yr Avg Return
5.9%
Net Assets
$601 M
Holdings in Top 10
42.4%
52 WEEK LOW AND HIGH
$10.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.68%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 124.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/10/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
KTRIX - Profile
Distributions
- YTD Total Return 12.1%
- 3 Yr Annualized Total Return 3.4%
- 5 Yr Annualized Total Return 5.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.37%
- Dividend Yield 4.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameDWS Global Income Builder Fund
-
Fund Family NameDWS Funds
-
Inception DateJul 03, 1995
-
Shares OutstandingN/A
-
Share ClassInstl
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDarwei Kung
Fund Description
Main investments. The fund invests in a broad range of both traditional asset classes (such as equity and fixed income investments) and alternative asset classes (such as real estate, infrastructure, convertibles, commodities, currencies and absolute return strategies). The fund can buy many types of securities, among them common stocks, including dividend-paying stocks, convertible securities, corporate bonds, government bonds, municipal securities, inflation-indexed bonds, mortgage- and asset-backed securities, exchange-traded funds (ETFs) and exchange-traded notes (ETNs). The fund may invest up to 15% of net assets in equity-linked notes (ELNs), which are structured notes that offer returns linked to the performance or value of a single equity security, a basket of equity securities, or an equity index. The fund invests at least 25% of net assets in fixed income securities. The fund can invest in securities of any size, investment style category, maturity, duration or credit quality including high-yield debt securities (i.e., “junk bonds”), and from any country (including emerging markets).The fund will generally invest in at least three different countries and will normally have investment exposure to foreign securities, foreign currencies and other foreign investments equal to at least 40% of the fund’s net assets. For purposes of the foregoing policy, an investment is considered to be an investment in a foreign security or a foreign investment if the issuer is organized or located outside the US or is doing a substantial amount of business outside of the US. An issuer that derives at least 50% of its revenue from business outside the US or has at least 50% of its assets outside the US will be considered to be doing a substantial amount of business outside the US.Management process. Portfolio management seeks to maximize risk adjusted returns by allocating the fund’s assets among various asset categories. Portfolio management draws upon a broad investible universe to establish a strategic allocation based upon collective, long-term views on asset class selection, implementation, expected returns and other relevant factors. Portfolio management periodically reviews the fund’s allocations and may adjust them based on current or anticipated market conditions or to manage risk consistent with the fund’s overall investment strategy.Within each asset category, portfolio management uses one or more investment strategies for selecting equity and debt securities. Each investment strategy is managed by a team that specializes in a particular asset category, and that may use a variety of quantitative and qualitative techniques. As a general matter, in buying and selling securities for the portfolio, the portfolio management teams utilize in-house research and resources to determine suitability of specific securities and use sector specialists to determine relative value within each relevant sector. The portfolio management teams may also utilize proprietary ratings in seeking to identify environmental, social and governance (ESG) risks and opportunities that it believes to be financially material.Examples of the fund’s asset categories are US and foreign equity of any size and style (including emerging market equity), US and foreign fixed income of any credit quality (including emerging market bonds and inflation-indexed bonds), and alternative assets. Some asset categories may be represented by ETFs.Derivatives. The fund may invest in derivatives, which are financial instruments whose performance is derived, at least in part, from the performance of an underlying asset, security or index. In particular, portfolio management may use futures contracts, options on interest rate swaps, options on interest rate futures contracts or interest rate swaps for duration management (i.e., reducing or increasing the sensitivity of the fund’s portfolio to interest rate changes) or for non-hedging purposes to seek to enhance potential gains. Portfolio management may also use (i) option contracts in order to gain exposure to a particular market or security, to seek to increase the fund’s income, or to hedge against changes in a particular market or security, (ii) total return swaps to seek to enhance potential gains by increasing or reducing the fund’s exposure to a particular sector or market or as a substitute for direct investment, or (iii) credit default swaps to seek to increase the fund’s income, to gain exposure to a bond issuer’s credit quality characteristics without directly investing in the bond or to hedge the risk of default on bonds held in the fund’s portfolio. In addition, portfolio management may use forward currency contracts (i) to hedge exposure to changes in foreign currency exchange rates on foreign currency denominated portfolio holdings; (ii) to facilitate transactions in foreign currency denominated securities; or (iii) for non-hedging purposes to seek to enhance potential gains.The fund may also use other types of derivatives (i) for hedging purposes; (ii) for risk management; (iii) for non-hedging purposes to seek to enhance potential gains; or (iv) as a substitute for direct investment in a particular asset class or to keep cash on hand to meet shareholder redemptions.Securities lending. The fund may lend securities (up to one-third of total assets) to approved institutions, such as registered broker-dealers, pooled investment vehicles, banks and other financial institutions. In connection with such loans, the fund receives liquid collateral in an amount that is based on the type and value of the securities being lent, with riskier securities generally requiring higher levels of collateral.Active trading. The fund may trade securities actively and this may lead to high portfolio turnover.
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KTRIX - Performance
Return Ranking - Trailing
| Period | KTRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.1% | -23.7% | 16.4% | 56.01% |
| 1 Yr | 16.0% | -8.9% | 48.3% | 44.21% |
| 3 Yr | 3.4%* | -2.2% | 16.4% | 49.89% |
| 5 Yr | 5.9%* | -0.7% | 13.4% | 34.11% |
| 10 Yr | 5.9%* | 0.9% | 11.8% | 29.81% |
* Annualized
Return Ranking - Calendar
| Period | KTRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 11.5% | -40.8% | 20.6% | 71.84% |
| 2022 | -17.6% | -21.0% | 24.5% | 44.19% |
| 2021 | 0.2% | -24.2% | 27.8% | 13.32% |
| 2020 | 4.9% | -23.1% | 11.7% | 59.95% |
| 2019 | 16.0% | -100.0% | 20.6% | 90.74% |
Total Return Ranking - Trailing
| Period | KTRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 12.1% | -23.7% | 16.4% | 54.72% |
| 1 Yr | 16.0% | -12.8% | 48.3% | 40.89% |
| 3 Yr | 3.4%* | -3.4% | 16.4% | 45.41% |
| 5 Yr | 5.9%* | -1.1% | 13.4% | 32.72% |
| 10 Yr | 5.9%* | 0.9% | 11.8% | 27.90% |
* Annualized
Total Return Ranking - Calendar
| Period | KTRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 15.1% | -40.8% | 20.6% | 71.84% |
| 2022 | -15.2% | -21.0% | 24.5% | 44.19% |
| 2021 | 10.8% | -24.2% | 27.8% | 13.32% |
| 2020 | 8.2% | -23.1% | 11.7% | 24.81% |
| 2019 | 20.4% | -2.9% | 23.1% | 21.53% |
NAV & Total Return History
KTRIX - Holdings
Concentration Analysis
| KTRIX | Category Low | Category High | KTRIX % Rank | |
|---|---|---|---|---|
| Net Assets | 601 M | 1.12 M | 110 B | 43.63% |
| Number of Holdings | 316 | 2 | 10961 | 32.15% |
| Net Assets in Top 10 | 260 M | -31.7 M | 22 B | 62.00% |
| Weighting of Top 10 | 42.39% | 10.8% | 100.0% | 94.46% |
Top 10 Holdings
- U.S. Treasury Floating Rate Notes 14.34%
- U.S. Treasury Floating Rate Notes 10.91%
- U.S. Treasury Bills 3.25%
- SPDR Blackstone Senior Loan ETF 2.93%
- Fannie Mae REMICS 2.91%
- iShares MSCI Emerging Markets ETF 1.92%
- Ginnie Mae 1.64%
- Uniform Mortgage-Backed Security, TBA 1.63%
- U.S. Treasury Bills 1.61%
- Fifth Third Bancorp 1.26%
Asset Allocation
| Weighting | Return Low | Return High | KTRIX % Rank | |
|---|---|---|---|---|
| Bonds | 65.41% | -39.76% | 93.84% | 32.99% |
| Stocks | 26.95% | -45.72% | 98.42% | 67.22% |
| Cash | 6.83% | -97.12% | 185.58% | 54.28% |
| Other | 3.71% | -1.25% | 197.12% | 61.59% |
| Preferred Stocks | 2.91% | -0.03% | 14.00% | 4.18% |
| Convertible Bonds | 2.90% | 0.00% | 25.49% | 14.20% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | KTRIX % Rank | |
|---|---|---|---|---|
| Technology | 22.81% | 0.00% | 39.48% | 7.86% |
| Financial Services | 16.00% | 0.00% | 30.34% | 30.79% |
| Healthcare | 10.56% | 0.00% | 30.30% | 63.27% |
| Communication Services | 9.37% | 0.00% | 28.59% | 10.40% |
| Consumer Defense | 8.53% | 0.00% | 31.85% | 56.26% |
| Energy | 7.33% | 0.00% | 38.61% | 30.79% |
| Consumer Cyclical | 7.18% | 0.00% | 20.84% | 56.26% |
| Industrials | 7.11% | 0.09% | 32.39% | 85.35% |
| Utilities | 4.12% | 0.00% | 40.29% | 39.07% |
| Basic Materials | 4.06% | 0.00% | 60.23% | 78.98% |
| Real Estate | 2.93% | 0.00% | 90.14% | 57.32% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | KTRIX % Rank | |
|---|---|---|---|---|
| US | 21.37% | -4.82% | 95.75% | 47.81% |
| Non US | 5.58% | -46.69% | 57.06% | 70.15% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | KTRIX % Rank | |
|---|---|---|---|---|
| Corporate | 60.03% | 0.00% | 99.90% | 16.91% |
| Securitized | 20.74% | 0.00% | 83.28% | 17.54% |
| Government | 9.43% | 0.00% | 98.64% | 76.20% |
| Cash & Equivalents | 6.83% | 0.10% | 100.00% | 66.60% |
| Derivative | 0.99% | 0.00% | 41.88% | 47.60% |
| Municipal | 0.00% | 0.00% | 31.28% | 69.52% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | KTRIX % Rank | |
|---|---|---|---|---|
| US | 64.96% | -177.12% | 87.76% | 28.60% |
| Non US | 0.45% | -39.00% | 137.36% | 34.24% |
KTRIX - Expenses
Operational Fees
| KTRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.68% | 0.16% | 2.71% | 88.31% |
| Management Fee | 0.37% | 0.00% | 1.70% | 26.34% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.10% | 0.01% | 0.70% | 47.37% |
Sales Fees
| KTRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| KTRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| KTRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 124.00% | 0.00% | 441.00% | 83.49% |
KTRIX - Distributions
Dividend Yield Analysis
| KTRIX | Category Low | Category High | KTRIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 4.05% | 0.00% | 10.92% | 67.78% |
Dividend Distribution Analysis
| KTRIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Annually | Monthly | Monthly |
Net Income Ratio Analysis
| KTRIX | Category Low | Category High | KTRIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.37% | -5.20% | 6.33% | 24.62% |
Capital Gain Distribution Analysis
| KTRIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 23, 2024 | $0.104 | OrdinaryDividend |
| Mar 21, 2024 | $0.086 | OrdinaryDividend |
| Dec 15, 2023 | $0.071 | OrdinaryDividend |
| Sep 22, 2023 | $0.076 | OrdinaryDividend |
| Jun 23, 2023 | $0.079 | OrdinaryDividend |
| Mar 24, 2023 | $0.059 | OrdinaryDividend |
| Dec 15, 2022 | $0.062 | OrdinaryDividend |
| Sep 23, 2022 | $0.064 | OrdinaryDividend |
| Jun 23, 2022 | $0.074 | OrdinaryDividend |
| Mar 24, 2022 | $0.047 | OrdinaryDividend |
| Dec 15, 2021 | $0.066 | OrdinaryDividend |
| Dec 15, 2021 | $0.267 | CapitalGainShortTerm |
| Dec 15, 2021 | $0.535 | CapitalGainLongTerm |
| Sep 23, 2021 | $0.071 | OrdinaryDividend |
| Jun 23, 2021 | $0.075 | OrdinaryDividend |
| Mar 24, 2021 | $0.050 | OrdinaryDividend |
| Dec 15, 2020 | $0.051 | OrdinaryDividend |
| Sep 23, 2020 | $0.070 | OrdinaryDividend |
| Jun 23, 2020 | $0.077 | OrdinaryDividend |
| Mar 24, 2020 | $0.074 | OrdinaryDividend |
| Dec 16, 2019 | $0.082 | OrdinaryDividend |
| Sep 23, 2019 | $0.084 | OrdinaryDividend |
| Jun 21, 2019 | $0.085 | OrdinaryDividend |
| Mar 22, 2019 | $0.085 | OrdinaryDividend |
| Dec 31, 2018 | $0.015 | ExtraDividend |
| Dec 17, 2018 | $0.108 | OrdinaryDividend |
| Dec 17, 2018 | $0.066 | CapitalGainShortTerm |
| Sep 21, 2018 | $0.095 | OrdinaryDividend |
| Jun 22, 2018 | $0.085 | OrdinaryDividend |
| Mar 22, 2018 | $0.085 | OrdinaryDividend |
| Dec 15, 2017 | $0.096 | OrdinaryDividend |
| Dec 15, 2017 | $0.672 | CapitalGainLongTerm |
| Sep 22, 2017 | $0.085 | OrdinaryDividend |
| Jun 23, 2017 | $0.070 | OrdinaryDividend |
| Mar 24, 2017 | $0.060 | OrdinaryDividend |
| Dec 15, 2016 | $0.075 | OrdinaryDividend |
| Sep 23, 2016 | $0.055 | OrdinaryDividend |
| Jun 23, 2016 | $0.075 | OrdinaryDividend |
| Mar 23, 2016 | $0.065 | OrdinaryDividend |
| Dec 15, 2015 | $0.088 | OrdinaryDividend |
| Sep 23, 2015 | $0.106 | OrdinaryDividend |
| Jun 23, 2015 | $0.101 | OrdinaryDividend |
| Mar 24, 2015 | $0.086 | OrdinaryDividend |
| Dec 16, 2014 | $0.105 | OrdinaryDividend |
| Dec 16, 2014 | $0.078 | CapitalGainShortTerm |
| Dec 16, 2014 | $0.649 | CapitalGainLongTerm |
| Sep 23, 2014 | $0.106 | OrdinaryDividend |
| Jun 23, 2014 | $0.091 | OrdinaryDividend |
| Mar 24, 2014 | $0.082 | OrdinaryDividend |
| Dec 16, 2013 | $0.092 | OrdinaryDividend |
| Dec 16, 2013 | $0.012 | CapitalGainShortTerm |
| Dec 16, 2013 | $0.146 | CapitalGainLongTerm |
| Sep 23, 2013 | $0.092 | OrdinaryDividend |
| Jun 21, 2013 | $0.076 | OrdinaryDividend |
| Mar 21, 2013 | $0.066 | OrdinaryDividend |
| Dec 17, 2012 | $0.076 | OrdinaryDividend |
| Dec 17, 2012 | $0.265 | CapitalGainLongTerm |
| Sep 21, 2012 | $0.081 | OrdinaryDividend |
| Jun 22, 2012 | $0.062 | OrdinaryDividend |
| Mar 23, 2012 | $0.045 | OrdinaryDividend |
| Dec 15, 2011 | $0.044 | OrdinaryDividend |
| Sep 23, 2011 | $0.040 | OrdinaryDividend |
| Jun 23, 2011 | $0.043 | OrdinaryDividend |
| Mar 24, 2011 | $0.042 | OrdinaryDividend |
| Dec 15, 2010 | $0.035 | OrdinaryDividend |
| Sep 23, 2010 | $0.045 | OrdinaryDividend |
| Jun 23, 2010 | $0.040 | OrdinaryDividend |
| Mar 24, 2010 | $0.061 | OrdinaryDividend |
| Dec 16, 2009 | $0.059 | OrdinaryDividend |
| Dec 16, 2009 | $0.069 | CapitalGainShortTerm |
| Sep 23, 2009 | $0.036 | OrdinaryDividend |
| Jun 23, 2009 | $0.036 | OrdinaryDividend |
| Mar 24, 2009 | $0.036 | OrdinaryDividend |
| Dec 16, 2008 | $0.038 | OrdinaryDividend |
| Sep 23, 2008 | $0.063 | OrdinaryDividend |
| Jun 23, 2008 | $0.074 | OrdinaryDividend |
| Mar 24, 2008 | $0.078 | OrdinaryDividend |
| Dec 14, 2007 | $0.080 | OrdinaryDividend |
| Dec 14, 2007 | $0.051 | CapitalGainLongTerm |
| Sep 21, 2007 | $0.068 | OrdinaryDividend |
| Jun 22, 2007 | $0.088 | OrdinaryDividend |
| Mar 23, 2007 | $0.087 | OrdinaryDividend |
| Dec 15, 2006 | $0.108 | OrdinaryDividend |
| Sep 22, 2006 | $0.058 | OrdinaryDividend |
| Jun 23, 2006 | $0.058 | OrdinaryDividend |
| Mar 24, 2006 | $0.058 | OrdinaryDividend |
KTRIX - Fund Manager Analysis
Managers
Darwei Kung
Start Date
Tenure
Tenure Rank
Nov 01, 2015
6.58
6.6%
Darwei Kung, Managing Director, has joined Deutsche Asset Management in 2006. Previously he has worked as a Director, Engineering and Business Development at Calpoint LLC from 2001-2004. He holds a BS and MS from University of Washington, Seattle; a MS and MBA from Carnegie Mellon University.
Di Kumble
Start Date
Tenure
Tenure Rank
Oct 25, 2017
4.6
4.6%
Managing Director, Senior Portfolio Manager, Head of Tax Managed Equities: New York -Joined the Company in 2003 with 7 years of industry experience. Prior to joining, Di served as a Portfolio Manager at Graham Capital Management. Previously, she worked as a Quantitative Strategist at ITG Inc and Morgan Stanley -PhD in Chemistry from Princeton University; CFA Charterholder
Dokyoung Lee
Start Date
Tenure
Tenure Rank
Dec 06, 2018
3.48
3.5%
Mr. Lee joined DWS in 2018 with 24 years of industry experience. Before joining, he co-managed group funds at the global multi-asset group at Oppenheimer Funds. Prior to that, he held a series of research and portfolio management leadership positions at AllianceBernstein in asset allocation and various value equity strategies including emerging markets, Japanese and U.S. equities He earned BS in Electrical Engineering & Computer Science from Princeton University; CFA Charterholder.
Thomas Farina
Start Date
Tenure
Tenure Rank
Apr 10, 2019
3.14
3.1%
Thomas M. Farina, CFA, is a Managing Director of Deutsche Investment Management Americas Inc. He has been Managing Director since 2011, Head of the Corporate Sector Fixed Income team since 2006 and a Senior Portfolio Manager since 2006 for DIMA. Mr. Farina joined Deutsche Investment Management Americas Inc. in 2006 with 12 years of industry experience. Prior to joining, Mr. Farina held roles at Merrill Lynch Investment Management, Greenwich NatWest and at DnB Asset Management. He began his career as a Ratings Analyst at Standard & Poor’s. He obtained his MA degree and his undergraduate degree, Bachelor of Arts, from the State University of New York at Albany.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.03 | 30.27 | 6.52 | 9.25 |
