DWS CROCI® Equity Dividend Fund
Data updated: 2026-07-24
C000203115 — DWS CROCI® Equity Dividend Fund. United States Mid Cap Value Equity · $794.03M AUM. Holdings, fees, performance and SEC filings.
C000203115 Fund Overview
DWS CROCI® Equity Dividend Fund is a US mutual fund managed by Deutsche Dws Investment Trust, categorised as United States Mid Cap 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 Investment Trust
- Category: United States Mid Cap Value Equity
- Assets under management: $794.03M
- 1-year return: -1.6%
- SEC CIK: 0000088064
- SEC series ID: S000062620
- Share class ID: C000203115
C000203115 Investment Objective and Strategy
DWS CROCI® Equity Dividend Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Deutsche Dws Investment Trust.
Investment objective
The fund seeks to achieve a high rate of total return.
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 dividend-paying equity securities (mainly common stocks). Equity securities may also include preferred stocks, depository receipts and other securities with equity characteristics, such as convertible securities and warrants. Companies are selected for the fund's portfolio using the Cash Return on Capital Invested (CROCI®) strategy as the primary factor, among other factors. Portfolio management will select stocks from among the largest US companies which are under CROCI® coverage at any given time (while the number of companies under CROCI® coverage will vary, as of June 30, 2018, approximately 370 companies were under CROCI® coverage).
Approximately 40 companies are identified from the selection universe for investment, though, at times, the number of stocks held may be higher or lower than 40 stocks at the discretion of portfolio management or as a result of corporate actions, mergers or other events. Although the fund can invest in stocks of any economic sector (which is comprised of two or more industries), at times it may emphasize one or more sectors and may invest more than 25% of total assets in a single sector. The fund may invest up to 20% of total assets in foreign securities. The fund intends to invest primarily in companies whose market capitalizations fall within the normal range of the S&P 500® Index. While the market capitalization range of the S&P 500® Index changes throughout the year, as of June 15, 2018, the market capitalization range of the S&P 500® Index was between $3.98 billion and $933.49 billion.
The S&P 500® Index is rebalanced quarterly on the third Friday of March, June, September and December. Management process. Portfolio management will select stocks that it believes offer economic value utilizing the CROCI® strategy as the primary factor, among other factors, and will seek above average dividend yield. The CROCI® strategy is an investment process based on a proprietary valuation technique that attempts to understand the value of a company by converting financial statement data into a set of economic inputs that are used to calculate a valuation metric called the CROCI® Economic Price Earnings Ratio which is comparable across markets, sectors and stocks. The CROCI® Economic Price Earnings Ratio seeks to measure the ""real"" economic value rather than the ""accounting"" value of a company's invested capital, and the economic returns thereof.
Portfolio management believes that, over time, companies with more favorable financial metrics, including CROCI® Economic Price Earnings Ratios, will outperform other companies. Portfolio Management employs a US-specific strategy seeking to select approximately the forty best value companies under CROCI® coverage with additional screening on high dividend yield, dividend sustainability and price volatility. The fund is reviewed periodically (typically quarterly) and adjusted in accordance with the CROCI® strategy's rules (re-selecting approximately forty stocks that will make up the fund). Portfolio Management targets low valuation combined with higher dividends and excludes stocks with undesirable characteristics such as, for example, high financial leverage, low cash returns and high volatility.
All CROCI® financial metrics may be adjusted from time to time. Portfolio management may also use factors other than the CROCI® strategy in selecting investments. Portfolio management actively manages portfolio changes in an attempt to reduce market impact and transaction costs and to manage the portfolio with tax efficiency in mind. 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."
C000203115 Holdings
Top 10 holdings of DWS CROCI® Equity Dividend Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| QUALCOMM Inc | 3.93% |
| Devon Energy Corp | 3.88% |
| NetApp Inc | 3.74% |
| Hewlett Packard Enterprise Co | 3.51% |
| HP Inc | 3.20% |
| Gen Digital Inc | 3.13% |
| Best Buy Co Inc | 3.03% |
| Viatris Inc | 2.55% |
| Kraft Heinz Co/The | 2.53% |
| Paychex Inc | 2.49% |
C000203115 Portfolio Allocation
Asset-class allocation of DWS CROCI® Equity Dividend Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.4% |
| Cash & Equivalents | 0.5% |
C000203115 Performance
Total returns for C000203115 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -1.6% |
| 3 years (annualised) | 6.0% |
C000203115 Risk Information
Risk metrics for C000203115, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.8%
C000203115 Costs and Fees
C000203115 costs about $99 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.99%
- Gross expense ratio: 0.99%
- Portfolio turnover: 100%
- Brokerage commissions: 3.44 bps of average net assets (SEC N-CEN)
C000203115 Cashflows
Over the 12 months to 2026-05, DWS CROCI® Equity Dividend Fund had net outflows of $22.52M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$8.51M |
| 2026-04 | −$22.35M |
| 2026-03 | −$3.16M |
| 2026-02 | $1.72M |
| 2026-01 | −$9.31M |
| 2025-12 | $73.89M |
C000203115 Debt Constituents
No individual debt constituents are reported in DWS CROCI® Equity Dividend Fund's latest SEC N-PORT filing.
C000203115 Prospectus and SEC Filings
Official DWS CROCI® Equity Dividend Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-25
- Prospectus (485BPOS) — filed 2025-02-25
- Prospectus (485BPOS) — filed 2024-02-26
- Portfolio holdings (N-PORT) — filed 2026-07-24
- Portfolio holdings (N-PORT) — filed 2026-04-27
- Portfolio holdings (N-PORT) — filed 2026-01-21
- Annual census (N-CEN) — filed 2026-02-09
- Annual census (N-CEN) — filed 2025-02-11
Related Funds
Other United States Mid Cap 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.