DWS Emerging Markets Equity Fund
Data updated: 2026-09-25
C000177619 — DWS Emerging Markets Equity Fund. Emerging Markets Small Cap Blend / Core Industrials Equity. Holdings, fees, performance and SEC filings.
C000177619 Fund Overview
DWS Emerging Markets Equity Fund is a US mutual fund managed by Deutsche Dws International Fund, Inc., categorised as Emerging Markets Small Cap Blend / Core Industrials 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: Emerging Markets Small Cap Blend / Core Industrials Equity
- Assets under management: $74.12M
- 1-year return: -25.6%
- SEC CIK: 0000088053
- SEC series ID: S000006028
- Share class ID: C000177619
C000177619 Investment Objective and Strategy
DWS Emerging Markets Equity 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 long-term growth of capital.
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 emerging market equities (equities traded mainly in emerging markets or issued by companies that are organized in emerging markets or have more than half of their business there). The fund considers ""emerging markets"" to include any countries or markets (i) currently classified as low-to-middle income economies by the World Bank; or (ii) currently considered to be developing by the International Finance Corporation or the United Nations or its authorities. The fund considers an issuer to have more than half of its business in emerging markets if at least (i) 50% of the issuer's assets are in an emerging market country, or (ii) 50% of an issuer's revenues or profits are from goods produced or sold, investments made, or services performed in emerging markets.
The fund may invest up to 20% of net assets in equities from the US or other developed markets. The fund may also invest up to 20% of net assets in US or emerging market debt securities when portfolio management believes these securities may perform at least as well as equities. The fund invests primarily in common stocks, but may also invest in preferred stocks or convertible securities. Management process. Portfolio management generally uses a four step management process. In the first step, using a macroeconomic outlook, portfolio management assesses the general outlook for emerging market equities. The key drivers of this outlook are growth, valuation, and market sentiment. This process is then applied at individual country and sector levels to determine country and sector weightings. In the second step, portfolio management performs a bottom-up fundamental analysis of the companies in the designated countries and sectors (i.e., an analysis of the salient attributes of the various individual companies), resulting in recommended stocks for the designated countries and sectors and corresponding target prices for those stocks.
Salient company attributes that portfolio management may consider include attractiveness of valuation relative to earnings, sustainability of business model, the presence of clearly identifiable catalysts, such as a specific corporate event, and positive share price momentum. In the third step, portfolio management constructs the fund's portfolio, weighting individual stocks based on management's assessments and setting individual country and sector market exposure based on management's outlook. In the fourth and final step, portfolio management actively monitors the fund's portfolio, including an ongoing assessment of the portfolio's risks. Portfolio management will typically sell a security if it no longer represents good value relative to fundamentals and/or if it lacks positive catalysts.
Derivatives. Portfolio management generally may use futures contracts, which are a type of derivative (a contract whose value is based on, for example, indices, currencies or securities) as a substitute for direct investment in a particular asset class or to keep cash on hand to meet shareholder redemptions. In addition, portfolio management generally may use forward currency contracts to hedge the fund's exposure to changes in foreign currency exchange rates on its foreign currency denominated portfolio holdings or to facilitate transactions in foreign currency denominated securities. Portfolio management generally may use structured notes or participation or participatory notes to gain exposure to certain foreign markets that may not permit direct investment. 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, such as registered broker-dealers, banks and pooled investment vehicles."
C000177619 Holdings
Top 10 holdings of DWS Emerging Markets Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Taiwan Semiconductor Manufacturing Co Ltd | 18.63% |
| SK Square Co Ltd | 5.91% |
| Samsung Electronics Co Ltd | 5.04% |
| SK hynix Inc | 3.88% |
| Astor Transformator Enerji Turizm Insaat Ve Petrol Sanayi Ticaret AS | 3.37% |
| Tencent Holdings Ltd | 3.29% |
| NAURA Technology Group Co Ltd | 2.78% |
| Contemporary Amperex Technology Co Ltd | 2.78% |
| Alibaba Group Holding Ltd | 2.64% |
| Capitec Bank Holdings Ltd | 2.61% |
C000177619 Portfolio Allocation
Asset-class allocation of DWS Emerging Markets Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.0% |
| Cash & Equivalents | 2.4% |
C000177619 Performance
Total returns for C000177619 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -25.6% |
| 3 years (annualised) | -2.7% |
C000177619 Risk Information
Risk metrics for C000177619, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.6%
C000177619 Costs and Fees
C000177619 costs about $119 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.19%
- Gross expense ratio: 1.25%
- Portfolio turnover: 94%
- Brokerage commissions: 8.78 bps of average net assets (SEC N-CEN)
C000177619 Cashflows
Over the 12 months to 2026-04, DWS Emerging Markets Equity Fund had net outflows of $8.63M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | −$692.31K |
| 2026-03 | −$1.12M |
| 2026-02 | −$817.71K |
| 2026-01 | −$574.19K |
| 2025-12 | $457.33K |
| 2025-11 | −$841.26K |
C000177619 Debt Constituents
No individual debt constituents are reported in DWS Emerging Markets Equity Fund's latest SEC N-PORT filing.
C000177619 Prospectus and SEC Filings
Official DWS Emerging Markets Equity 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 Emerging Markets Small Cap Blend / Core Industrials 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.