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Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 07/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
4.2%
1 yr return
7.2%
3 Yr Avg Return
-1.8%
5 Yr Avg Return
1.3%
Net Assets
$468 M
Holdings in Top 10
12.4%
Expense Ratio 0.74%
Front Load N/A
Deferred Load N/A
Turnover 59.00%
Redemption Fee N/A
Standard (Taxable)
$2,500
IRA
$1,000
Fund Type
Open End Mutual Fund
Name
As of 07/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Period | SHYTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -2.1% | 8.7% | 34.62% |
1 Yr | 7.2% | -1.8% | 10.3% | 25.96% |
3 Yr | -1.8%* | -9.7% | 1.9% | 57.14% |
5 Yr | 1.3%* | -4.9% | 526.4% | 38.38% |
10 Yr | 2.6%* | 0.0% | 155.8% | 67.19% |
* Annualized
Period | SHYTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.2% | -6.2% | 7.5% | 12.02% |
2022 | -19.5% | -26.9% | -3.5% | 78.05% |
2021 | 2.4% | -1.9% | 5.6% | 35.15% |
2020 | 0.3% | -10.1% | 4.2% | 56.50% |
2019 | 4.3% | -0.7% | 9.1% | 72.68% |
Period | SHYTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -2.1% | 8.7% | 34.62% |
1 Yr | 7.2% | -1.8% | 10.3% | 25.96% |
3 Yr | -1.8%* | -9.7% | 1.9% | 57.14% |
5 Yr | 1.3%* | -4.9% | 526.4% | 38.38% |
10 Yr | 2.6%* | 0.0% | 155.8% | 67.19% |
* Annualized
Period | SHYTX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.8% | -4.1% | 10.9% | 14.42% |
2022 | -15.9% | -26.9% | 4.3% | 77.07% |
2021 | 5.8% | -1.9% | 10.0% | 39.60% |
2020 | 4.3% | -4.1% | 8.2% | 30.50% |
2019 | 8.2% | -0.7% | 1028633.9% | 57.22% |
SHYTX | Category Low | Category High | SHYTX % Rank | |
---|---|---|---|---|
Net Assets | 468 M | 9.79 K | 16.1 B | 64.56% |
Number of Holdings | 310 | 1 | 3161 | 65.85% |
Net Assets in Top 10 | 59.4 M | -102 M | 3.63 B | 73.66% |
Weighting of Top 10 | 12.39% | 4.3% | 99.9% | 56.86% |
Weighting | Return Low | Return High | SHYTX % Rank | |
---|---|---|---|---|
Bonds | 97.17% | 0.00% | 146.69% | 61.06% |
Cash | 1.87% | -0.64% | 100.00% | 45.37% |
Stocks | 0.97% | 0.00% | 99.33% | 12.50% |
Preferred Stocks | 0.00% | -47.61% | 1.64% | 43.90% |
Other | 0.00% | -8.76% | 4.03% | 50.24% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 43.90% |
Weighting | Return Low | Return High | SHYTX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 0.00% | 7.94% |
Technology | 0.00% | 0.00% | 0.00% | 7.94% |
Real Estate | 0.00% | 0.00% | 0.00% | 7.94% |
Industrials | 0.00% | 0.00% | 4.78% | 39.68% |
Healthcare | 0.00% | 0.00% | 0.00% | 7.94% |
Financial Services | 0.00% | 0.00% | 0.00% | 7.94% |
Energy | 0.00% | 0.00% | 0.00% | 14.29% |
Communication Services | 0.00% | 0.00% | 0.00% | 7.94% |
Consumer Defense | 0.00% | 0.00% | 0.00% | 7.94% |
Consumer Cyclical | 0.00% | 0.00% | 77.65% | 7.94% |
Basic Materials | 0.00% | 17.58% | 100.00% | 3.17% |
Weighting | Return Low | Return High | SHYTX % Rank | |
---|---|---|---|---|
US | 0.97% | 0.00% | 99.33% | 12.68% |
Non US | 0.00% | 0.00% | 0.00% | 43.90% |
Weighting | Return Low | Return High | SHYTX % Rank | |
---|---|---|---|---|
Municipal | 98.55% | 0.00% | 100.00% | 45.85% |
Corporate | 0.80% | 0.00% | 2.83% | 19.51% |
Cash & Equivalents | 0.00% | 0.00% | 100.00% | 43.41% |
Derivative | 0.00% | -8.76% | 2.12% | 44.88% |
Securitized | 0.00% | 0.00% | 22.44% | 46.34% |
Government | 0.00% | 0.00% | 0.09% | 47.32% |
Weighting | Return Low | Return High | SHYTX % Rank | |
---|---|---|---|---|
US | 97.17% | 0.00% | 139.84% | 57.07% |
Non US | 0.00% | 0.00% | 13.35% | 48.29% |
SHYTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.74% | 0.21% | 3.44% | 70.53% |
Management Fee | 0.43% | 0.00% | 1.41% | 18.75% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.10% | 0.02% | 0.35% | 52.46% |
SHYTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 4.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
SHYTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
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.
SHYTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 59.00% | 2.00% | 121.00% | 87.43% |
SHYTX | Category Low | Category High | SHYTX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.28% | 0.00% | 6.13% | 35.58% |
SHYTX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
SHYTX | Category Low | Category High | SHYTX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.76% | 1.11% | 5.70% | 18.75% |
SHYTX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Apr 30, 2024 | $0.036 | OrdinaryDividend |
Mar 28, 2024 | $0.038 | OrdinaryDividend |
Feb 29, 2024 | $0.039 | OrdinaryDividend |
Jan 31, 2024 | $0.039 | OrdinaryDividend |
Dec 29, 2023 | $0.038 | OrdinaryDividend |
Dec 05, 2023 | $0.003 | CapitalGainShortTerm |
Nov 30, 2023 | $0.038 | OrdinaryDividend |
Oct 31, 2023 | $0.037 | OrdinaryDividend |
Sep 29, 2023 | $0.037 | OrdinaryDividend |
Aug 31, 2023 | $0.037 | OrdinaryDividend |
Jul 31, 2023 | $0.037 | OrdinaryDividend |
Jun 30, 2023 | $0.036 | OrdinaryDividend |
May 31, 2023 | $0.038 | OrdinaryDividend |
Apr 28, 2023 | $0.036 | OrdinaryDividend |
Mar 31, 2023 | $0.035 | OrdinaryDividend |
Feb 28, 2023 | $0.036 | OrdinaryDividend |
Jan 31, 2023 | $0.035 | OrdinaryDividend |
Dec 23, 2022 | $0.035 | OrdinaryDividend |
Dec 05, 2022 | $0.015 | CapitalGainShortTerm |
Nov 23, 2022 | $0.036 | OrdinaryDividend |
Oct 25, 2022 | $0.036 | OrdinaryDividend |
Sep 26, 2022 | $0.036 | OrdinaryDividend |
Aug 25, 2022 | $0.035 | OrdinaryDividend |
Jul 25, 2022 | $0.034 | OrdinaryDividend |
Jun 24, 2022 | $0.035 | OrdinaryDividend |
May 24, 2022 | $0.036 | OrdinaryDividend |
Apr 25, 2022 | $0.035 | OrdinaryDividend |
Mar 25, 2022 | $0.034 | OrdinaryDividend |
Feb 22, 2022 | $0.033 | OrdinaryDividend |
Jan 25, 2022 | $0.033 | OrdinaryDividend |
Dec 31, 2021 | $0.033 | OrdinaryDividend |
Dec 03, 2021 | $0.001 | CapitalGainShortTerm |
Nov 30, 2021 | $0.036 | OrdinaryDividend |
Oct 29, 2021 | $0.035 | OrdinaryDividend |
Sep 30, 2021 | $0.033 | OrdinaryDividend |
Aug 31, 2021 | $0.035 | OrdinaryDividend |
Jun 30, 2021 | $0.039 | OrdinaryDividend |
May 28, 2021 | $0.037 | OrdinaryDividend |
Apr 30, 2021 | $0.037 | OrdinaryDividend |
Mar 31, 2021 | $0.037 | OrdinaryDividend |
Feb 26, 2021 | $0.038 | OrdinaryDividend |
Jan 29, 2021 | $0.038 | OrdinaryDividend |
Dec 24, 2020 | $0.038 | OrdinaryDividend |
Dec 03, 2020 | $0.005 | CapitalGainShortTerm |
Nov 23, 2020 | $0.034 | OrdinaryDividend |
Oct 26, 2020 | $0.038 | OrdinaryDividend |
Sep 24, 2020 | $0.038 | OrdinaryDividend |
Aug 25, 2020 | $0.036 | OrdinaryDividend |
Jul 27, 2020 | $0.037 | OrdinaryDividend |
Jun 24, 2020 | $0.038 | OrdinaryDividend |
May 22, 2020 | $0.038 | OrdinaryDividend |
Apr 24, 2020 | $0.038 | OrdinaryDividend |
Mar 25, 2020 | $0.040 | OrdinaryDividend |
Feb 24, 2020 | $0.040 | OrdinaryDividend |
Jan 27, 2020 | $0.043 | OrdinaryDividend |
Dec 24, 2019 | $0.038 | OrdinaryDividend |
Dec 04, 2019 | $0.002 | CapitalGainShortTerm |
Nov 22, 2019 | $0.036 | OrdinaryDividend |
Oct 25, 2019 | $0.042 | OrdinaryDividend |
Sep 24, 2019 | $0.039 | OrdinaryDividend |
Aug 26, 2019 | $0.039 | OrdinaryDividend |
Jul 25, 2019 | $0.040 | OrdinaryDividend |
Dec 06, 2018 | $0.033 | CapitalGainShortTerm |
Dec 05, 2017 | $0.011 | CapitalGainShortTerm |
Dec 05, 2016 | $0.008 | CapitalGainShortTerm |
Dec 03, 2015 | $0.007 | CapitalGainShortTerm |
Dec 05, 2011 | $0.002 | CapitalGainShortTerm |
Nov 26, 2008 | $0.002 | CapitalGainShortTerm |
Start Date
Tenure
Tenure Rank
Jun 25, 2018
3.93
3.9%
Portfolio Manager for Municipal Bond Funds: Boston, MA Joined the Company in 1999 with 6 years of industry experience. Prior to his current role, Michael was a Municipal Bond Trader for Private Investment Clients. Previously, he served as a Trader and Portfolio Manager at Breckenridge Capital Advisors and as a Senior Financial Reporting Analyst at Massachusetts Financial Services. Michael began his career as a Financial Reporting Analyst at The Boston Company BS from Bryant College; MBA from Suffolk University
Start Date
Tenure
Tenure Rank
Dec 10, 2018
3.47
3.5%
Portfolio Manager for Municipal Bonds - Joined DWS in 2018 with 20 years of industry experience; previously, worked as Portfolio Manager, Head of Municipal Research, and Senior Credit Analyst at Columbia Threadneedle - BS, Montana State University
Start Date
Tenure
Tenure Rank
Oct 01, 2021
0.66
0.7%
Portfolio Manager for Municipal Bonds: Boston, MA Joined the Company in 1989. Prior to his current role, Matthew served as a Portfolio Manager and Trader for Insurance portfolios. Previously, Matthew served as an Assistant Trader for Tax Exempt Municipal Bond funds and as a Research Assistant for the Municipal Bond Group BS from Pennsylvania State University; MS from Boston College; CFA Charterholder
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.06 | 21.43 | 7.46 | 2.52 |
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