DWS MANAGED MUNICIPAL BOND FUND CLASS B (SMLBX)

Basic Info

DWS MANAGED MUNICIPAL BOND FUND CLASS B started on 06/18/2001
DWS MANAGED MUNICIPAL BOND FUND CLASS B is classified as asset class Muni National Long
DWS MANAGED MUNICIPAL BOND FUND CLASS B expense ratio is 1.56%
DWS MANAGED MUNICIPAL BOND FUND CLASS B rating is
Not Rated

DWS MANAGED MUNICIPAL BOND FUND CLASS B (SMLBX) Dividend Info

DWS MANAGED MUNICIPAL BOND FUND CLASS B (SMLBX) dividend growth in the last 12 months is -93.71%

The trailing 12-month yield of DWS MANAGED MUNICIPAL BOND FUND CLASS B is 0.21%. its dividend history:

DateDividend
01/25/2016 0.02
12/24/2015 0.023
12/03/2015 0.002
11/23/2015 0.022
10/26/2015 0.024
09/24/2015 0.023
08/25/2015 0.021
07/27/2015 0.025
06/24/2015 0.023
05/22/2015 0.019
04/24/2015 0.024
03/25/2015 0.022
02/27/2015 0.022
02/23/2015 0.022
01/28/2015 0.023
01/26/2015 0.023
12/24/2014 0.023
12/04/2014 0.004
11/21/2014 0.021
10/31/2014 0.023
09/30/2014 0.024
08/29/2014 0.024
07/31/2014 0.024
06/30/2014 0.024
05/30/2014 0.024
04/30/2014 0.025
03/31/2014 0.025
02/28/2014 0.026
01/31/2014 0.025
12/31/2013 0.025
11/29/2013 0.025
10/31/2013 0.025
09/30/2013 0.025
08/30/2013 0.024
07/31/2013 0.024
06/28/2013 0.023
05/31/2013 0.024
04/30/2013 0.024
03/28/2013 0.024
02/28/2013 0.025
01/31/2013 0.023
12/31/2012 0.024
12/04/2012 0.004
11/30/2012 0.025
10/31/2012 0.025
09/28/2012 0.025
08/31/2012 0.025
07/31/2012 0.024
06/29/2012 0.025
05/31/2012 0.026
04/30/2012 0.027
03/30/2012 0.027
02/29/2012 0.027
01/31/2012 0.028
12/30/2011 0.028
12/05/2011 0.002
11/30/2011 0.028
10/31/2011 0.028
09/30/2011 0.028
08/31/2011 0.028
07/29/2011 0.029
06/30/2011 0.029
05/31/2011 0.027
04/29/2011 0.031
03/31/2011 0.029
02/28/2011 0.03
01/31/2011 0.029
12/31/2010 0.029
12/03/2010 0.001
11/30/2010 0.029
10/29/2010 0.028
09/30/2010 0.029
08/31/2010 0.029
07/30/2010 0.03
06/30/2010 0.029
05/28/2010 0.029
03/31/2010 0.03
02/26/2010 0.03
01/29/2010 0.029
12/31/2009 0.029
12/03/2009 0.008
11/30/2009 0.029
10/30/2009 0.027
09/24/2009 0.028
08/31/2009 0.03
07/27/2009 0.031
06/24/2009 0.029
05/22/2009 0.027
04/27/2009 0.03
03/31/2009 0.028
02/27/2009 0.027
01/30/2009 0.027
12/31/2008 0.03
11/28/2008 0.026
11/26/2008 0.034
10/31/2008 0.028
09/24/2008 0.028
08/25/2008 0.027
07/25/2008 0.031
06/24/2008 0.028
05/23/2008 0.029
04/24/2008 0.029
03/25/2008 0.026
02/25/2008 0.028
01/31/2008 0.03
12/24/2007 0.026
11/28/2007 0.01
11/26/2007 0.029
10/25/2007 0.028
09/24/2007 0.025
08/27/2007 0.029
07/25/2007 0.027
06/25/2007 0.029
05/24/2007 0.025
04/24/2007 0.025
03/26/2007 0.027
02/22/2007 0.026
01/25/2007 0.026
12/29/2006 0.024
11/28/2006 0.054
11/24/2006 0.027
10/31/2006 0.027
09/29/2006 0.026
08/25/2006 0.027
07/31/2006 0.027
06/30/2006 0.027
05/31/2006 0.027
04/24/2006 0.026
03/31/2006 0.028
02/28/2006 0.028
01/25/2006 0.027
12/23/2005 0.027
12/12/2005 0.002
11/30/2005 0.028
10/31/2005 0.027
09/30/2005 0.027
08/31/2005 0.027
07/29/2005 0.026
06/30/2005 0.028
05/24/2005 0.025
04/22/2005 0.03
03/24/2005 0.029
02/28/2005 0.029
01/31/2005 0.029
12/31/2004 0.028
12/14/2004 0.002
11/30/2004 0.028
10/29/2004 0.03
09/24/2004 0.029
08/25/2004 0.029
07/30/2004 0.029
06/30/2004 0.03
05/28/2004 0.027
04/30/2004 0.028
03/31/2004 0.03
02/27/2004 0.031
01/30/2004 0.03
12/31/2003 0.03
11/28/2003 0.03
10/31/2003 0.031
09/30/2003 0.031
08/29/2003 0.031
07/31/2003 0.03
06/30/2003 0.029
05/30/2003 0.03
04/30/2003 0.029
03/31/2003 0.028
02/28/2003 0.026
01/31/2003 0.03
12/31/2002 0.029
12/13/2002 0.026
11/29/2002 0.036
10/31/2002 0.029
09/30/2002 0.028
08/30/2002 0.03
07/31/2002 0.03
06/28/2002 0.029
05/31/2002 0.038
04/30/2002 0.037
03/28/2002 0.03
02/28/2002 0.027
01/31/2002 0.032
12/31/2001 0.03
11/30/2001 0.029
10/25/2001 0.03
09/28/2001 0.029
08/31/2001 0.03
07/31/2001 0.031
06/29/2001 0.02

Dividend Growth History for DWS MANAGED MUNICIPAL BOND FUND CLASS B (SMLBX)

Year
Payout Amount
Year Start Yield
Annual Payout Growth (YoY)
CAGR to 2016
2016 $0.02 0.21% -93.71% -
2015 $0.318 3.38% 8.90% -93.71%
2014 $0.292 3.31% 0.34% -73.83%
2013 $0.291 3.05% -6.73% -59.04%
2012 $0.312 3.44% -9.83% -49.68%
2011 $0.346 3.99% 7.45% -43.46%
2010 $0.322 3.59% -8.00% -37.07%
2009 $0.35 4.34% -6.42% -33.56%
2008 $0.374 4.16% 12.65% -30.65%
2007 $0.332 3.64% -11.47% -26.81%
2006 $0.375 4.11% 12.28% -25.41%
2005 $0.334 3.63% -4.84% -22.58%
2004 $0.351 3.75% -1.13% -21.24%
2003 $0.355 3.80% -11.47% -19.85%
2002 $0.401 4.49% 101.51% -19.28%
2001 $0.199 2.21% - -14.20%

Dividend Growth Chart for DWS MANAGED MUNICIPAL BOND FUND CLASS B (SMLBX)

DWS MANAGED MUNICIPAL BOND FUND CLASS B (SMLBX) Historical Returns And Risk Info

From 06/18/2001 to 12/29/2016, the compound annualized total return (dividend reinvested) of DWS MANAGED MUNICIPAL BOND FUND CLASS B (SMLBX) is 0.288%. Its cumulative total return (dividend reinvested) is 4.556%.

From 06/18/2001 to 12/29/2016, the Maximum Drawdown of DWS MANAGED MUNICIPAL BOND FUND CLASS B (SMLBX) is 12.9%.

From 06/18/2001 to 12/29/2016, the Sharpe Ratio of DWS MANAGED MUNICIPAL BOND FUND CLASS B (SMLBX) is 0.94.

From 06/18/2001 to 12/29/2016, the Annualized Standard Deviation of DWS MANAGED MUNICIPAL BOND FUND CLASS B (SMLBX) is 3.2%.

From 06/18/2001 to 12/29/2016, the Beta of DWS MANAGED MUNICIPAL BOND FUND CLASS B (SMLBX) is 0.78.

Last 1 Week* 1 Yr 3 Yr 5 Yr 10 Yr 15 Yr Since
06/18/2001		 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001
Annualized Return(%) 0.0 0.0 0.0 -9.8 -3.4 0.2 0.3 1.2 1.7 10.3 -4.7 8.6 8.4 0.2 16.3 -6.7 2.4 4.1 2.8 2.0 4.2 9.3 1.4
Sharpe Ratio NA 1.61 2.5 1.42 0.97 NA 0.94 1.6 0.78 4.75 -1.29 3.61 2.92 0.03 4.33 -1.2 -0.27 0.4 0.29 0.31 1.08 2.25 0.27
Draw Down(%) NA 0.2 2.9 9.4 12.9 NA 12.9 0.2 3.1 1.4 8.9 2.4 3.2 6.2 3.4 12.9 1.9 1.4 2.2 5.9 4.7 4.5 4.5
Standard Deviation(%) NA 0.6 1.8 2.4 3.3 NA 3.2 0.6 2.2 2.2 3.7 2.4 2.9 3.3 3.7 6.3 2.3 2.0 2.2 3.4 3.3 3.6 3.4
Treynor Ratio NA 0.23 0.11 0.05 0.04 NA 0.04 0.23 0.02 0.11 -0.05 0.09 0.09 0.0 0.16 -0.08 -0.01 0.01 0.01 0.01 0.05 0.09 0.01
Alpha NA 0.0 0.01 0.0 0.0 NA 0.0 0.0 0.0 0.02 0.01 0.02 0.01 0.01 0.03 0.01 0.01 0.01 0.01 0.01 0.01 0.02 0.02
Beta NA 0.04 0.43 0.68 0.81 NA 0.78 0.04 0.7 0.92 0.97 0.96 0.94 1.02 0.99 0.9 0.71 0.73 0.66 0.75 0.67 0.92 0.98
RSquare NA 0.05 0.36 0.62 0.75 NA 0.76 0.05 0.57 0.67 0.89 0.69 0.69 0.77 0.79 0.88 0.64 0.6 0.55 0.79 0.66 0.81 0.79
Yield(%) N/A 0.2 2.5 2.8 3.3 3.6 N/A 0.2 3.0 2.8 2.5 3.2 4.2 3.7 4.6 4.3 3.7 4.4 3.8 3.8 3.9 4.7 2.2
Dividend Growth(%) N/A -93.7 -31.3 -26.7 N/A N/A N/A -92.9 12.0 4.2 -17.2 -19.4 9.1 -10.8 -5.1 14.7 -15.0 14.3 -2.8 0.0 -14.3 110.0 N/A

Return Calculator for DWS MANAGED MUNICIPAL BOND FUND CLASS B (SMLBX)

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DWS MANAGED MUNICIPAL BOND FUND CLASS B (SMLBX) Historical Return Chart

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DWS MANAGED MUNICIPAL BOND FUND CLASS B (SMLBX) 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 06/18/2001 to 12/29/2016, the worst annualized return of 3-year rolling returns for DWS MANAGED MUNICIPAL BOND FUND CLASS B (SMLBX) is -0.26%.
From 06/18/2001 to 12/29/2016, the worst annualized return of 5-year rolling returns for DWS MANAGED MUNICIPAL BOND FUND CLASS B (SMLBX) is 1.07%.
From 06/18/2001 to 12/29/2016, the worst annualized return of 10-year rolling returns for DWS MANAGED MUNICIPAL BOND FUND CLASS B (SMLBX) is 3.28%.
From 06/18/2001 to 12/29/2016, the worst annualized return of 20-year rolling returns for DWS MANAGED MUNICIPAL BOND FUND CLASS B (SMLBX) is NA.

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