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Morningstar

DWS Massachusetts Tax-Free Instl DMAIX

Morningstar Medalist Rating
Medalist Rating as of | See DWS Investment Hub
  • NAV / 1-Day Return 13.09  /  −0.22 %
  • Total Assets 225.5 Mil
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.600%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Muni Massachusetts
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1.0 Mil
  • Status Open
  • TTM Yield 2.82%
  • Effective Duration 6.17 years

USD | NAV as of Jul 02, 2024 | 1-Day Return as of Jul 02, 2024, 2:15 AM GMT+0

Morningstar’s Analysis DMAIX

Will DMAIX 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 DMAIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the DMAIX 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 DMAIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Solid, but more to prove.

Associate Analyst Max Curtin

Max Curtin

Associate Analyst

Summary

Experienced managers remain at the helm of DWS Massachusetts Tax-Free after a few years of turnover, but it’s still too early to decide whether this reshaped group holds a durable edge over peers.

by Max Curtin
Rated on Published on

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Portfolio Holdings DMAIX

More DMAIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MASSACHUSETTS ST WTR POLLUTN ABATEMENT TR 5.25%

4.14 9.3 Mil
municipal

MASSACHUSETTS ST WTR RES AUTH 5.25%

2.66 6.0 Mil
municipal

MASSACHUSETTS ST 5%

2.37 5.3 Mil
municipal

MASSACHUSETTS ST PORT AUTH REV 5%

2.36 5.3 Mil
municipal

MASSACHUSETTS ST 5%

2.34 5.3 Mil
municipal

MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV 5

2.27 5.1 Mil
municipal

MILLBURY MASS 5%

2.01 4.5 Mil
municipal

ATTLEBORO MASS 4%

1.72 3.9 Mil
municipal

MASSACHUSETTS ST PORT AUTH SPL FACS REV 4%

1.66 3.7 Mil
municipal

MASSACHUSETTS ST DEV FIN AGY REV 5%

1.60 3.6 Mil
municipal