SCMAX:NASDAQ
DWS Massachusetts Tax Free Fund - Class S – SCMAX Fund Overview
| Last Price | Today's Change | 52-Week Range | Trading Volume |
|---|
| 13.05 | 0.07 (+0.54%) | 12.88 - 13.40 | 0.0 |
Market data as of 12:00AM 04/03/25. Quotes are delayed by at least 15 min.
Overview - SCMAX
The investment seeks income that is exempt from Massachusetts personal and federal income taxes.
Under normal circumstances, the fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in Massachusetts municipal securities. For purposes of this 80% requirement, Massachusetts municipal securities are securities whose income is exempt from regular federal and Massachusetts state income taxes. The fund is non-diversified.
Growth of $10,000 (10 Years)
| Total Return | 5.03% |
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| Yield (Trailing 12 Mo.) | 2.46% |
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| Expense Ratio | 0.73% |
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| Front Load | None |
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| Deferred Load | None |
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| Minimum Investment | $2,500 |
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| Management Tenure | 7 Years |
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| Fund Inception | 05/28/1987 |
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Trailing Total Returns - SCMAX
as of 03/31/2025
| Timeframe | SCMAX | S&P 500 | Muni Massachusetts |
|---|
| 1 Month | -1.59% | -5.63% | -1.73% |
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| 3 Month | -0.58% | -4.27% | -0.63% |
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| Year-to-Date | -0.58% | -4.27% | -0.63% |
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| 1 Year | 1.00% | 8.25% | 0.66% |
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| 3 Year | 0.71% | 9.06% | 0.71% |
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| 5 Year | 0.43% | 18.59% | 0.42% |
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| 10 Year | 1.57% | 12.50% | 1.37% |
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| Since Inception | 5.03% | 10.98% | -- |
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Sector Allocation - SCMAX
as of 03/31/2025
| Basic Materials | | -- |
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| Consumer Cyclical | | -- |
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| Financial Services | | -- |
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| Real Estate | | -- |
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| Consumer Defensive | | -- |
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| Healthcare | | -- |
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| Utilities | | -- |
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| Communication Services | | -- |
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| Energy | | -- |
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| Industrials | | -- |
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| Technology | | -- |
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Asset Allocation - SCMAX
as of 03/31/2025
| By Percent | Short | 0% | Long | Net |
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| Stock | -- | | | 0.00 | 0.00 |
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| Bond | -- | | | 93.01 | 93.01 |
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| Other | -- | | | 0.00 | 0.00 |
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| Foreign Stock | -- | | | 0.00 | 0.00 |
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| Foreign Bond | -- | | | 4.55 | 4.55 |
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| Total | -- | | | 97.56 | 97.56 |
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| Cash | -- | | | 2.44 | 2.44 |
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| Total Net Assets | $202.57M |
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| Total Stock Holdings | 0 |
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| Total Bond Holdings | 121 |
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Bond Credit Quality - SCMAX
as of 03/31/2025
| AAA | | 15.00% |
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| AA | | 51.00% |
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| A | | 18.00% |
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| BBB | | 9.00% |
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| BB | | 2.00% |
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| B | | 0.00% |
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| Below B | | 0.00% |
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| Not Rated | | 5.00% |
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Top Ten Holdings - SCMAX
as of 03/31/2025
| Company | YTD Return | % of Assets |
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| MASSACHUSETTS ST WTR POLLUTN ABATEMENT TR 5.25% | -- | 4.44% |
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| MASSACHUSETTS ST WTR RES AUTH 5.25% | -- | 2.84% |
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| MASSACHUSETTS ST 5% | -- | 2.55% |
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| MASSACHUSETTS ST PORT AUTH REV 5% | -- | 2.54% |
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| MASSACHUSETTS ST 5% | -- | 2.50% |
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| ATTLEBORO MASS 4% | -- | 1.85% |
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| MASSACHUSETTS ST PORT AUTH SPL FACS REV 4% | -- | 1.82% |
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| MASSACHUSETTS ST DEV FIN AGY REV 5% | -- | 1.72% |
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| MASSACHUSETTS ST PORT AUTH REV 5% | -- | 1.69% |
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| MASSACHUSETTS ST HEALTH & EDL FACS AUTH REV 5.5% | -- | 1.55% |
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Valuation & Growth - SCMAX
as of 03/31/2025
| Valuation | SCMAX | Category Range |
|---|
| Price/Earnings | -- | |
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| Price/Book | -- | |
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| Price/Sales | -- | |
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| Price/Cash Flow | -- | |
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| Dividend Yield | | |
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| LT Earnings | | |
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| Historical Earnings | | |
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| Sales Growth | | |
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| Cash-Flow Growth | | |
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| Book-Value Growth | | |
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