Morningstar

DWS Massachusetts Tax Free C SQMCX

Morningstar Medalist Rating
Medalist Rating as of | See DWS Investment Hub
  • NAV / 1-Day Return 13.34  /  0.00
  • Total Assets 225.5 Mil
  • Adj. Expense Ratio
    1.600%
  • Expense Ratio 1.600%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Muni Massachusetts
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.83%
  • Effective Duration 6.25 years

USD | NAV as of Sep 26, 2024 | 1-Day Return as of Sep 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis SQMCX

Will SQMCX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SQMCX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the SQMCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of SQMCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This team is on the right path but needs more consistency.

Associate Analyst Ken Noguchi

Ken Noguchi

Associate Analyst

Summary

DWS Massachusetts Tax-Free’s managers execute a solid, collaborative process, but it needs to demonstrate better consistency.

by Ken Noguchi
Rated on Published on

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Portfolio Holdings SQMCX

More SQMCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MASSACHUSETTS ST WTR POLLUTN ABATEMENT TR 5.25%

4.19 9.3 Mil
municipal

MASSACHUSETTS ST WTR RES AUTH 5.25%

2.68 5.9 Mil
municipal

MASSACHUSETTS ST 5%

2.44 5.4 Mil
municipal

MASSACHUSETTS ST PORT AUTH REV 5%

2.41 5.3 Mil
municipal

MASSACHUSETTS ST 5%

2.40 5.3 Mil
municipal

Massachusetts State Bay Transportation Authority, Sales Tax Revenue

2.31 5.1 Mil
Cash and Equivalents

MILLBURY MASS 5%

2.03 4.5 Mil
Cash and Equivalents

ATTLEBORO MASS 4%

1.76 3.9 Mil
municipal

MASSACHUSETTS ST PORT AUTH SPL FACS REV 4%

1.76 3.9 Mil
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

1.63 3.6 Mil
municipal

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