DWS World Dividend Fund
Data updated: 2020-01-09
C000016567 — DWS World Dividend Fund. Developed ex-US Value Equity · $163.13M AUM · 0.97% expense ratio. Holdings, fees, performance and SEC filings.
C000016567 Fund Overview
DWS World Dividend Fund is a US mutual fund managed by Deutsche Dws International Fund, Inc., categorised as Developed ex-US Value Equity. 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 International Fund, Inc.
- Category: Developed ex-US Value Equity
- Assets under management: $163.13M
- SEC CIK: 0000088053
- SEC series ID: S000006029
- Share class ID: C000016567
C000016567 Investment Objective and Strategy
DWS World Dividend Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Deutsche Dws International Fund, Inc..
Investment objective
The fund seeks total return, emphasizing both current income and capital appreciation.
Principal investment strategy
Main investments . Normally, the fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in dividend paying stocks. The fund will generally invest in at least three different countries and will normally invest at least 40% of net assets in securities issued by foreign based companies. Although the fund may invest in companies of any size and from any country, it will invest mainly in common stocks of established companies in countries with developed economies. The fund's investments will include primarily common stocks issued by US and foreign based companies and may also include preferred stocks and other equity securities such as convertible securities and warrants. Management process . The fund will seek income by investing in dividend paying stocks.
Portfolio management looks for companies it believes are fundamentally strong and that it expects to have sustainable dividend yields, stable cash flows and are trading at compelling valuations. In choosing securities, portfolio management uses a combination of analytical disciplines: Multi-factor model. Portfolio management uses a quantitative model that looks at dividend yield, payout ratio and dividend growth to narrow the investment universe. Bottom-up fundamental analysis. Portfolio management generally looks for companies that it believes have market leadership, strong management teams and high returns on capital. Valuation analysis. Portfolio management determines what they believe to be the intrinsic value of the company and only buy the stock when it is trading at a discount to the intrinsic value.
Securities Lending. The fund may lend securities (up to one-third of total assets) to approved institutions.
C000016567 Costs and Fees
C000016567 costs about $97 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.97%
- Gross expense ratio: 1.02%
- Portfolio turnover: 30%
- Brokerage commissions: 2.92 bps of average net assets (SEC N-CEN)
C000016567 Cashflows
Over the 12 months to 2019-10, DWS World Dividend Fund had net outflows of $7.52M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2019-10 | −$2.99M |
| 2019-09 | −$2.16M |
| 2019-08 | −$2.37M |
C000016567 Debt Constituents
No individual debt constituents are reported in DWS World Dividend Fund's latest SEC N-PORT filing.
C000016567 Prospectus and SEC Filings
Official DWS World Dividend Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Developed ex-US Value Equity 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.