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DWS Managed Municipal Bonds S (SCMBX) Fund Ranking and Research

Ranking, Research and Recommendation of DWS Managed Municipal Bonds S (SCMBX) Fund

    Last Trade: $9.37 on 11/21/2014, Change: 0.00 (0%)

 

Graph of DWS Managed Municipal Bonds S Fund (SCMBX) ManagerFund Manager - Philip G. Condon

Fund Manager Information

Fund Manager Tenure: 23.9 years
Fund Family: Deutsche Asset & Wealth Mngt
Fund Category: Muni National Long
Fund Performance: Oct 30, 2014
Fundmojo Fund Grade: B (Score: 0.68)     (What does this score mean?)
Philip Condon is Managing Director and Head of Municipal Bond portfolio management for retail and tax-exempt advisory clients. He joined DWS in 1983 and served as Director of the Municipal Bond department and of the Municipal Bond Research Group. He previously served as a Fixed Income Analyst for Connecticut General Life Insurance Company (CIGNA) and an Analyst at the Federal Reserve Bank of Boston. He earned his BA and MBA from the University of Massachusetts at Amherst.  Get more insights on Philip G. Condon

 

Graph of DWS Managed Municipal Bonds S Fund (SCMBX) ProfileDWS Managed Municipal Bonds S Fund (SCMBX) Profile

Fund Profile and Description

DWS Managed Municipal Bonds S Fund seeks to provide income exempt from regular federal income taxes. DWS Managed Municipal Bonds S Fund normally invests at least 80% of net assets in securities issued by municipalities across the U.S. and in other securities whose income is free from regular federal income tax. It may invest up to 20% of net assets in securities whose income is subject to alternative minimum tax. DWS Managed Municipal Bonds S Fund can buy many types of municipal securities of all maturities. It normally invests at least 65% of total assets in municipal securities of the top three grades of credit quality and may invest up to 10% of total assets in high yield debt securities of the fifth and sixth credit grades.

 

DWS Managed Municipal Bonds S (SCMBX) Fund Strength What we like about DWS Managed Municipal Bonds S (SCMBX) Fund

Data for DWS Managed Municipal Bonds S Fund (SCMBX) as of Oct 30, 2014

  • DWS Managed Municipal Bonds S Fund (SCMBX) management has been with DWS Managed Municipal Bonds S Fund for 23.9 years
  • DWS Managed Municipal Bonds S Fund (SCMBX) has good short-term performance (1-year return 9.97% vs 9.07% Muni National Long category median performance)
  • DWS Managed Municipal Bonds S Fund (SCMBX) has good mid-term performance (3-year return 6.04% vs 5.38% Muni National Long category median performance)
  • DWS Managed Municipal Bonds S Fund (SCMBX) has good Long-term performance (5-year return 5.72% vs 5.37% Muni National Long category median performance)
  • DWS Managed Municipal Bonds S Fund (SCMBX) ratio of up-years vs down years is greater than 2
  • DWS Managed Municipal Bonds S Fund (SCMBX) has a Morningstar rating of 4 and above
  • Asset base in DWS Managed Municipal Bonds S Fund (SCMBX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • DWS Managed Municipal Bonds S Fund (SCMBX) has a lower expense ratio than its Muni National Long average: 0.57% vs 0.90%
  • DWS Managed Municipal Bonds S Fund (SCMBX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

DWS Managed Municipal Bonds S Fund (SCMBX) Weakness What we are cautious about DWS Managed Municipal Bonds S (SCMBX) Fund

Data for DWS Managed Municipal Bonds S Fund (SCMBX) as of Oct 30, 2014

  • DWS Managed Municipal Bonds S Fund (SCMBX) has an annual stock turnover rate of 30.00% that is higher than the Muni National Long average of 27.91%. This could mean DWS Managed Municipal Bonds S is more nimble, but also signal potential high tax impact and high trading fees
  • DWS Managed Municipal Bonds S Fund (SCMBX) is more volatile than its peers as it has a 3-year Standard Deviation of 4.9 that is higher than category average of 4.83
See DWS Managed Municipal Bonds S Fund (SCMBX) performance details as of Oct 30, 2014

 

What do you think?

 

Compare DWS Managed Municipal Bonds S Fund (SCMBX)Compare with other top Muni National Long category mutual funds

Aadditional top Muni National Long mutual funds for your consideration

FundYear to Date1 Year3 year5 year
DWS Managed Municipal Bonds S10.569.976.045.72
Columbia AMT-Free Tax-Exempt Bond A (INTAX)10.9510.606.696.27Compare
Goldman Sachs Municipal Income Instl (GSMTX)9.839.255.996.03Compare
MainStay Tax-Free Bond A (MTBAX)11.5711.876.786.49Compare

See top fund managers for Muni National Long Category Funds

 

Compare DWS Managed Municipal Bonds S Fund (SCMBX)Compare with Muni National Long category ETFs

Some Muni National Long ETFs for your consideration

ETFYear to DateOne YearThree Year
Market Vectors CEF Municipal Income ETF (XMPT)16.47%15.83%6.28%
PowerShares Insured National Muni Bond (PZA)13.83%13.21%6.01%
Market Vectors Long Municipal Index ETF (MLN)15.52%13.01%6.05%

 

Graph of DWS Managed Municipal Bonds S Fund (SCMBX) Net Asset TrackingDWS Managed Municipal Bonds S (SCMBX) Fund Net Asset

Track net asset change of DWS Managed Municipal Bonds S fund (SCMBX)

DateNet Asset
10/2014$5.34B
09/2014$5.30B
08/2014$5.29B
More historic net asset information on DWS Managed Municipal Bonds S Fund (SCMBX)

  

Graph of DWS Managed Municipal Bonds S Fund (SCMBX) Portfolio TrackingDWS Managed Municipal Bonds S (SCMBX) Fund Portfolio Allocation

Track portfolio allocation change of DWS Managed Municipal Bonds S fund (SCMBX)

DateCashStockBondOther
09/20143.28%0%95.87%0.85%
08/20143.31%0%95.84%0.85%
07/20143.15%0%96%0.85%
Click here to see more historic asset allocation information on DWS Managed Municipal Bonds S Fund (SCMBX)

 

graph of DWS Managed Municipal Bonds S Fund (SCMBX) Top 10 Position TrackingTop 10 Holdings in DWS Managed Municipal Bonds S (SCMBX) Fund

Discover what DWS Managed Municipal Bonds S Fund (SCMBX) manager is buying

Sep 29, 2014
California St Go Bds 6.5% [1.37%]
California St G O Bds 6% [1.16%]
New York Liberty Dev Corp Libe Rev 5.25% [0.97%]
Atlanta Ga Wtr & Waste Wtr Rev Re 5.375% [0.88%]
Broward Cnty Fla Arpt Sys Rev Rev Bds 5% [0.82%]
South Carolina St Pub Svcs Aut Rev 5.75% [0.8%]
San Francisco Calif City & Cnt Rev Bd 6% [0.8%]
Public Auth 6.5% [0.79%]
California St Various P 5% [0.77%]
Alabama St Pub Sch & College A Pub Sc 5% [0.76%]

Aug 30, 2014
California St Go Bds 6.5% [1.37%]
California St G O Bds 6% [1.16%]
Chicago Ill Brd Ed General O 6% [0.99%]
New York Liberty Dev Corp Libe Rev 5.25% [0.98%]
Atlanta Ga Wtr & Waste Wtr Rev Re 5.375% [0.84%]
Broward Cnty Fla Arpt Sys Rev Rev Bds 5% [0.82%]
San Francisco Calif City & Cnt Rev Bd 6% [0.8%]
South Carolina St Pub Svcs Aut Rev 5.75% [0.8%]
Public Auth 6.5% [0.78%]
Alabama St Pub Sch & College A Pub Sc 5% [0.76%]

Jul 30, 2014
California St Go Bds 6.5% [1.38%]
California St G O Bds 6% [1.16%]
Chicago Ill Brd Ed General O 6% [1.01%]
New York Liberty Dev Corp Libe Rev 5.25% [0.96%]
Atlanta Ga Wtr & Waste Wtr Rev Re 5.375% [0.84%]
Broward Cnty Fla Arpt Sys Rev Rev Bds 5% [0.81%]
South Carolina St Pub Svcs Aut Rev 5.75% [0.8%]
San Francisco Calif City & Cnt Rev Bd 6% [0.8%]
Alabama St Pub Sch & College A Pub Sc 5% [0.77%]
California St Various P 5% [0.76%]
Click here for Stock Holding Change Map in DWS Managed Municipal Bonds S Fund (SCMBX)

  

Latest News on DWS Managed Municipal Bonds S (SCMBX) Fund

See what is happening with DWS Managed Municipal Bonds S Fund (SCMBX)

 

DWS Managed Municipal Bonds S Fund (SCMBX) Related ResourcesSee more information on DWS Managed Municipal Bonds S (SCMBX) Fund

Popular pages on DWS Managed Municipal Bonds S (SCMBX) Fund