DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B (NOTBX)

Basic Info

DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B started on 05/30/2000
DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B is classified as asset class High Yield Muni
DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B expense ratio is 1.67%
DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B rating is
Not Rated

DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B (NOTBX) Dividend Info

DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B (NOTBX) dividend growth in the last 12 months is -93.58%

The trailing 12-month yield of DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B is 0.27%. its dividend history:

DateDividend
01/25/2016 0.034
12/24/2015 0.038
12/03/2015 0.007
11/23/2015 0.036
10/26/2015 0.04
09/24/2015 0.038
08/25/2015 0.035
07/27/2015 0.041
06/24/2015 0.039
05/22/2015 0.034
04/24/2015 0.04
03/25/2015 0.036
02/27/2015 0.036
02/23/2015 0.036
01/28/2015 0.037
01/26/2015 0.037
12/24/2014 0.037
11/21/2014 0.034
10/31/2014 0.038
09/30/2014 0.039
08/29/2014 0.038
07/31/2014 0.039
06/30/2014 0.04
05/30/2014 0.039
04/30/2014 0.041
03/31/2014 0.042
02/28/2014 0.044
01/31/2014 0.043
12/31/2013 0.043
11/29/2013 0.042
10/31/2013 0.042
09/30/2013 0.041
08/30/2013 0.04
07/31/2013 0.04
06/28/2013 0.04
05/31/2013 0.035
04/30/2013 0.037
03/28/2013 0.035
02/28/2013 0.037
01/31/2013 0.036
12/31/2012 0.036
11/30/2012 0.037
10/31/2012 0.037
09/28/2012 0.038
08/31/2012 0.036
07/31/2012 0.036
06/29/2012 0.038
05/31/2012 0.038
04/30/2012 0.04
03/30/2012 0.039
02/29/2012 0.041
01/31/2012 0.041
12/30/2011 0.042
12/05/2011 0.002
11/30/2011 0.043
10/31/2011 0.042
09/30/2011 0.044
08/31/2011 0.043
07/29/2011 0.043
06/30/2011 0.044
05/31/2011 0.046
04/29/2011 0.046
03/31/2011 0.044
02/28/2011 0.044
01/31/2011 0.044
12/31/2010 0.045
11/30/2010 0.043
10/29/2010 0.041
09/30/2010 0.042
08/31/2010 0.04
07/30/2010 0.04
06/30/2010 0.043
05/28/2010 0.043
03/31/2010 0.042
02/26/2010 0.042
01/29/2010 0.043
12/31/2009 0.044
11/30/2009 0.045
10/30/2009 0.043
09/24/2009 0.045
08/31/2009 0.046
07/27/2009 0.052
06/24/2009 0.048
05/22/2009 0.044
04/27/2009 0.05
03/31/2009 0.046
02/27/2009 0.047
01/30/2009 0.047
12/31/2008 0.049
11/28/2008 0.046
11/26/2008 0.002
10/31/2008 0.045
09/24/2008 0.044
08/25/2008 0.042
07/25/2008 0.05
06/24/2008 0.044
05/23/2008 0.044
04/24/2008 0.044
03/25/2008 0.039
02/25/2008 0.043
01/31/2008 0.041
12/24/2007 0.039
11/26/2007 0.043
10/25/2007 0.039
09/24/2007 0.035
08/27/2007 0.042
07/25/2007 0.039
06/25/2007 0.043
05/24/2007 0.038
04/24/2007 0.038
03/26/2007 0.042
02/22/2007 0.041
01/25/2007 0.039
12/29/2006 0.038
11/24/2006 0.04
10/31/2006 0.04
09/29/2006 0.04
08/25/2006 0.041
07/31/2006 0.042
06/30/2006 0.042
05/31/2006 0.04
04/24/2006 0.039
03/31/2006 0.042
02/28/2006 0.044
01/25/2006 0.042
12/23/2005 0.041
12/12/2005 0.002
11/30/2005 0.043
10/31/2005 0.042
09/30/2005 0.041
08/31/2005 0.04
07/29/2005 0.04
06/30/2005 0.042
05/24/2005 0.041
04/25/2005 0.043
03/24/2005 0.045
02/28/2005 0.047
01/31/2005 0.046
12/31/2004 0.047
12/14/2004 0.006
11/30/2004 0.047
10/29/2004 0.049
09/24/2004 0.048
08/25/2004 0.044
07/30/2004 0.043
06/30/2004 0.047
05/28/2004 0.042
04/30/2004 0.047
03/31/2004 0.046
02/27/2004 0.044
01/30/2004 0.047
12/31/2003 0.047
12/15/2003 0.006
11/28/2003 0.048
10/31/2003 0.049
09/30/2003 0.049
08/29/2003 0.049
07/31/2003 0.047
06/30/2003 0.046
05/30/2003 0.049
04/30/2003 0.048
03/31/2003 0.049
02/28/2003 0.044
01/31/2003 0.049
12/31/2002 0.05
11/29/2002 0.057
10/31/2002 0.05
09/30/2002 0.048
08/30/2002 0.049
07/31/2002 0.05
06/28/2002 0.048
05/31/2002 0.058
04/30/2002 0.056
03/28/2002 0.05
02/28/2002 0.046
01/31/2002 0.05
12/31/2001 0.048
11/30/2001 0.046
10/25/2001 0.055
09/28/2001 0.048
08/31/2001 0.05
07/25/2001 0.053
06/22/2001 0.048
05/31/2001 0.051
04/30/2001 0.05
03/30/2001 0.052
02/28/2001 0.046
01/31/2001 0.051
12/29/2000 0.05
11/30/2000 0.049
10/31/2000 0.049
09/29/2000 0.049
08/31/2000 0.05
07/31/2000 0.051
06/30/2000 0.049
05/31/2000 0.049

Dividend Growth History for DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B (NOTBX)

Year
Payout Amount
Year Start Yield
Annual Payout Growth (YoY)
CAGR to 2016
2016 $0.034 0.27% -93.58% -
2015 $0.53 4.22% 11.81% -93.58%
2014 $0.474 4.03% 1.28% -73.22%
2013 $0.468 3.58% 2.41% -58.27%
2012 $0.457 3.76% -13.28% -47.77%
2011 $0.527 4.51% 13.58% -42.20%
2010 $0.464 3.87% -16.70% -35.31%
2009 $0.557 5.89% 4.50% -32.93%
2008 $0.533 4.19% 11.51% -29.11%
2007 $0.478 3.68% -2.45% -25.45%
2006 $0.49 3.82% -4.48% -23.42%
2005 $0.513 4.01% -7.90% -21.86%
2004 $0.557 4.34% -3.97% -20.79%
2003 $0.58 4.55% -5.23% -19.60%
2002 $0.612 4.96% 2.34% -18.65%
2001 $0.598 4.83% 51.01% -17.40%
2000 $0.396 3.34% - -14.22%

Dividend Growth Chart for DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B (NOTBX)

DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B (NOTBX) Historical Returns And Risk Info

From 07/25/2000 to 01/23/2017, the compound annualized total return (dividend reinvested) of DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B (NOTBX) is 4.281%. Its cumulative total return (dividend reinvested) is 99.42%.

From 07/25/2000 to 01/23/2017, the Maximum Drawdown of DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B (NOTBX) is 27.9%.

From 07/25/2000 to 01/23/2017, the Sharpe Ratio of DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B (NOTBX) is 0.93.

From 07/25/2000 to 01/23/2017, the Annualized Standard Deviation of DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B (NOTBX) is 3.7%.

From 07/25/2000 to 01/23/2017, the Beta of DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B (NOTBX) is 0.93.

Last 1 Week* 1 Yr 3 Yr 5 Yr 10 Yr 15 Yr Since
07/25/2000		 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000
Annualized Return(%) 0.0 0.0 0.0 0.7 2.2 4.0 4.3 0.0 1.0 3.1 10.7 -6.5 11.4 9.0 1.2 34.4 -22.8 1.7 5.1 4.4 4.1 5.3 8.6 4.7 7.9
Sharpe Ratio NA 1.07 2.42 1.26 0.72 NA 0.93 0.0 1.56 1.49 5.26 -1.55 4.99 2.71 0.3 6.73 -2.62 -0.55 0.96 1.12 1.09 1.7 2.17 0.89 3.42
Draw Down(%) NA 0.1 2.0 10.8 27.9 NA 27.9 0.0 0.2 2.0 1.8 10.8 2.2 4.3 6.9 4.2 27.9 2.1 1.1 1.3 4.1 2.9 4.0 3.6 0.9
Standard Deviation(%) NA 0.4 1.7 2.5 4.2 NA 3.7 NA 0.5 2.1 2.0 4.2 2.3 3.3 3.8 5.1 9.0 2.3 1.9 2.0 2.9 2.7 3.4 2.7 2.8
Treynor Ratio NA 0.44 0.11 0.04 0.03 NA 0.04 NA 0.3 0.05 0.13 -0.06 0.13 0.09 0.01 0.33 -0.19 -0.02 0.03 0.04 0.05 0.07 0.08 0.03 0.12
Alpha NA 0.0 0.01 0.0 0.0 NA 0.0 0.0 0.0 0.0 0.0 -0.01 0.01 -0.01 -0.01 0.04 -0.05 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.01
Beta NA 0.01 0.36 0.71 1.0 NA 0.93 0.0 0.03 0.62 0.85 1.12 0.88 1.04 1.06 1.03 1.23 0.61 0.66 0.62 0.69 0.7 0.98 0.8 0.84
RSquare NA 0.01 0.28 0.59 0.71 NA 0.69 0.0 0.02 0.45 0.71 0.94 0.79 0.78 0.83 0.57 0.85 0.51 0.62 0.62 0.67 0.67 0.82 0.67 0.63
Yield(%) N/A 0.3 2.9 3.2 3.5 3.9 N/A 0.0 0.2 4.5 4.0 3.7 3.9 4.3 3.7 5.8 4.0 3.7 3.7 3.9 4.4 4.7 5.1 4.9 3.4
Dividend Growth(%) N/A -93.6 -28.5 -23.3 N/A N/A N/A -100.0 -94.6 19.1 -2.1 0.0 -4.0 13.6 -20.0 7.8 6.2 0.0 -4.0 -12.3 -5.0 -4.8 3.3 52.5 N/A

Return Calculator for DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B (NOTBX)

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DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B (NOTBX) Historical Return Chart

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DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B (NOTBX) Rolling Returns Charts

A rolling return for a period such as 5-year, as of a specific date, represents the investment’s performance over the preceding five years leading up to that date. In the 5-year rolling chart, the value on any given date corresponds to the annualized return for the preceding 5 years up to that very date. Thus, for instance, the chart value on 8/28/2015 reflects the annualized return from 8/28/2010 to 8/28/2015. A 5-year rolling return chart for an investment (stock, fund or portfolio) depicts the return sequence of 5-year trailing returns for the dates in the chart.

These rolling returns contrast with the most recent 3, 5, 10, and 15-year returns, as they solely depict the returns for those respective periods leading up to the most recent date, without encompassing every date in the historical record.

Rolling return charts offer a more precise insight into a portfolio’s risk and return stability (including funds or individual stocks). This is particularly true when focusing on the minimal return points within a rolling return chart as a measure of a fund or a portfolio's risk. A well-known observation, often attributed to ‘Murphy’s law’, is that it tends to perform poorly when investors decide to follow an investment due to its recent strong returns. Sound familiar? Information regarding minimum rolling returns could help mitigate this predicament. Investors can opt for an investment showcasing high minimum rolling returns within their preferred holding durations. In fact, merely possessing knowledge of such minimum rolling period returns can anchor investors’ expectations.

For instance, let’s consider an investor who follows a model portfolio (or even simply purchases and holds a fund like VFINX or SPY) for 10 years. Armed with knowledge of this portfolio’s minimum 10-year rolling return since its inception date or the fund’s inception (in the case of VFINX, recognizing that the minimum 10-year rolling return since 1987 could be as low as -2.24%), the investor should reasonably anticipate the potential for the portfolio to incur losses over the forthcoming 10 years.

Minimum rolling return for a period such as 10-year offers a different and often better historical risk and return metric than other popular risk and return metrics such as Sharpe ratio, standard deviation (volatility) or maximum drawdown.

See Portfolio Calculator and Rolling Returns for more detailed description.

From 07/25/2000 to 01/23/2017, the worst annualized return of 3-year rolling returns for DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B (NOTBX) is -5.94%.
From 07/25/2000 to 01/23/2017, the worst annualized return of 5-year rolling returns for DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B (NOTBX) is -1.21%.
From 07/25/2000 to 01/23/2017, the worst annualized return of 10-year rolling returns for DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B (NOTBX) is 3.62%.
From 07/25/2000 to 01/23/2017, the worst annualized return of 20-year rolling returns for DWS STRATEGIC HIGH YIELD TAX-FREE FUND CLASS B (NOTBX) is NA.

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