DWS High Conviction Global Bond Fund
Data updated: 2024-01-09
C000014880 — DWS High Conviction Global Bond Fund. Bond · $35.48M AUM · 0.90% expense ratio · 0.1% 1-yr return. Holdings, fees, performance and SEC filings.
C000014880 Fund Overview
DWS High Conviction Global Bond Fund is a US mutual fund managed by Deutsche Dws Global/international Fund, Inc., categorised as 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: Bond
- Assets under management: $35.48M
- 1-year return: 0.1%
- SEC CIK: 0000793597
- SEC series ID: S000005467
- Share class ID: C000014880
C000014880 Investment Objective and Strategy
DWS High Conviction Global Bond 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 total return, with an emphasis on 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 bonds of issuers from around the world, including the United States. The fund can buy many types of income-producing securities of any stated maturity, among them US and foreign government bonds, corporate bonds and mortgage- and asset-backed securities. The fund is typically invested in at least three different countries. The fund may invest up to 35% of net assets in junk bonds, which are those below the fourth credit grade (i.e. grade BB/Ba and below), and may include debt securities not currently paying interest or in default. The fund will normally have investment exposure to foreign securities, foreign currencies and other foreign investments equal to at least 40% of the fund's assets.
Management process . Portfolio management typically considers a number of factors when buying and selling securities, 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 the 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. Active Trading. The fund may trade securities actively and this may lead to high portfolio turnover.
C000014880 Performance
Total returns for C000014880 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 0.1% |
| 3 years (annualised) | -4.9% |
C000014880 Risk Information
Risk metrics for C000014880, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.5%
C000014880 Costs and Fees
C000014880 costs about $90 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.90%
- Gross expense ratio: 1.20%
- Portfolio turnover: 116%
- Brokerage commissions: 0.46 bps of average net assets (SEC N-CEN)
C000014880 Cashflows
Over the 12 months to 2023-10, DWS High Conviction Global Bond Fund had net outflows of $13.43M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-10 | −$2.54M |
| 2023-09 | −$84.51K |
| 2023-08 | −$314.17K |
| 2023-07 | −$533.78K |
| 2023-06 | −$448.02K |
| 2023-05 | −$9.96M |
C000014880 Debt Constituents
No individual debt constituents are reported in DWS High Conviction Global Bond Fund's latest SEC N-PORT filing.
C000014880 Prospectus and SEC Filings
Official DWS High Conviction Global Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-02-27
- Prospectus supplement (497) — filed 2022-05-19
- Prospectus supplement (497) — filed 2022-05-16
- Portfolio holdings (N-PORT) — filed 2023-12-20
- Portfolio holdings (N-PORT) — filed 2023-09-27
- Portfolio holdings (N-PORT) — filed 2023-06-26
- Annual census (N-CEN) — filed 2024-01-09
- Annual census (N-CEN) — filed 2023-01-09
Related Funds
Other 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.