DWS Emerging Markets Fixed Income Fund
Data updated: 2026-09-25
C000014878 — DWS Emerging Markets Fixed Income Fund. Intermediate Total / Aggregate Bond · $48.13M AUM. Holdings, fees, performance and SEC filings.
C000014878 Fund Overview
DWS Emerging Markets Fixed Income Fund is a US mutual fund managed by Deutsche Dws Global/international Fund, Inc., categorised as Intermediate Total / Aggregate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Deutsche Dws Global/international Fund, Inc.
- Category: Intermediate Total / Aggregate Bond
- Assets under management: $48.13M
- 1-year return: 10.1%
- SEC CIK: 0000793597
- SEC series ID: S000005466
- Share class ID: C000014878
C000014878 Investment Objective and Strategy
DWS Emerging Markets Fixed Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Deutsche Dws Global/international Fund, Inc..
Investment objective
The fund seeks to provide high current income
Principal investment strategy
"Main Investments . Under normal circumstances, the fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in high yield bonds (also known as ""junk bonds"") and other debt securities issued by governments and corporations in emerging market countries (i.e., the issuer is traded mainly in an emerging market, is organized under the laws of an emerging market country or is a company with more than half of its business in emerging markets) or the return on which is derived primarily from emerging markets. The fund considers ""emerging markets"" to include, but not to be limited to: (i) the countries or markets that are part of the JP Morgan Emerging Markets Bond (EMBI) Global Diversified Index; or (ii) the countries or markets that are classified as ""emerging market and developing economies"" by the International Monetary Fund (""IMF"") (World Economic Outlook); or (iii) countries listed as low or middle (both lower middle and higher middle) income by the World Bank, if a country is an emerging market and if such country is not listed in the JP Morgan EMBI Global Diversified Index and if it is not classified as ""emerging market and developing economy"" by the IMF.
The fund may invest without limit in investment-grade debt securities and in junk bonds, which are those below the fourth credit grade (grade BB/Ba and below) and may include debt securities not currently paying interest and debt securities in default. The fund invests at least 50% of total assets in US dollar-denominated securities. Management Process . Portfolio management typically considers a number of factors, including economic and currency outlooks, possible interest rate movements, capital flows, debt levels, inflation trends, credit quality of issuers, security characteristics and changes in supply and demand within global bond markets. Portfolio management may also adjust the duration (a measure of sensitivity to interest rate movements) of the fund's portfolio, depending on its outlook for interest rates.
Derivatives. Portfolio management generally may use futures contracts or options, which are types of derivatives (contracts whose value are based on, for example, indices, currencies or securities) as a hedge against anticipated changes in interest rates, fixed income markets or currency markets, for duration management (i.e., reducing or increasing the sensitivity of the fund's portfolio to interest rate changes), or for non-hedging purposes to seek to enhance potential gains. In addition, portfolio management generally may use forward currency contracts (i) to hedge the fund's exposure to changes in foreign currency exchange rates on its foreign currency denominated portfolio holdings; (ii) to facilitate transactions in foreign currency denominated securities; or (iii) for non-hedging purposes to seek to enhance potential gains.
The fund may also use other types of derivatives (i) for hedging purposes; (ii) for risk management; (iii) for non-hedging purposes to seek to enhance potential gains; or (iv) as a substitute for direct investment in a particular asset class or to keep cash on hand to meet shareholder redemptions. Securities Lending. The fund may lend securities (up to one-third of total assets) to approved institutions."
C000014878 Holdings
Top 10 holdings of DWS Emerging Markets Fixed Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Romania Government International Bonds | 4.76% |
| Angola Government International Bonds | 3.41% |
| Nigeria Government International Bonds | 3.29% |
| Banque Ouest Africaine D | 2.64% |
| Dominican Republic International Bonds | 2.49% |
| Argentina Republic Government International Bonds | 2.46% |
| Petroleos Mexicanos | 2.44% |
| Saudi Government International Bonds | 2.43% |
| Republic Of Nigeria | 2.32% |
| Comision Federal De Elec | 2.30% |
C000014878 Portfolio Allocation
Asset-class allocation of DWS Emerging Markets Fixed Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 97.1% |
| Cash & Equivalents | 2.7% |
C000014878 Performance
Total returns for C000014878 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 10.1% |
| 3 years (annualised) | -4.6% |
C000014878 Risk Information
Risk metrics for C000014878, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.4%
C000014878 Costs and Fees
C000014878 costs about $188 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.88%
- Gross expense ratio: 2.64%
- Portfolio turnover: 110%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000014878 Cashflows
Over the 12 months to 2026-04, DWS Emerging Markets Fixed Income Fund had net inflows of $254.96K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$1.85M |
| 2026-03 | −$1.23M |
| 2026-02 | −$16.41K |
| 2026-01 | $77.34K |
| 2025-12 | $500.96K |
| 2025-11 | −$147.69K |
C000014878 Debt Constituents
Largest debt holdings of DWS Emerging Markets Fixed Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Romania Government International Bonds | 4.76% |
| Angola Government International Bonds | 3.41% |
| Nigeria Government International Bonds | 3.29% |
| Banque Ouest Africaine D | 2.64% |
| Dominican Republic International Bonds | 2.49% |
| Argentina Republic Government International Bonds | 2.46% |
| Petroleos Mexicanos | 2.44% |
| Saudi Government International Bonds | 2.43% |
| Republic Of Nigeria | 2.32% |
| Comision Federal De Elec | 2.30% |
C000014878 Prospectus and SEC Filings
Official DWS Emerging Markets Fixed Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-26
- Prospectus (485BPOS) — filed 2025-02-26
- Prospectus (485BPOS) — filed 2024-02-27
- Portfolio holdings (N-PORT) — filed 2026-09-25
- Portfolio holdings (N-PORT) — filed 2026-06-25
- Portfolio holdings (N-PORT) — filed 2026-03-23
- Annual census (N-CEN) — filed 2026-01-06
- Annual census (N-CEN) — filed 2025-01-10
Related Funds
Other Intermediate Total / Aggregate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.