DMAIX — DWS Massachusetts Tax-Free Fund
Data updated: 2026-06-08
DMAIX — DWS Massachusetts Tax-Free Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Municipal - National Bond · $182.06M AUM · 0.62% expense ratio · 3.9% 1-yr return. From SEC regulatory filings.
DMAIX Fund Overview
DMAIX — DWS Massachusetts Tax-Free Fund is a US mutual fund managed by Deutsche Dws State Tax-Free Income Series, categorised as Long Municipal - National 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 State Tax-Free Income Series
- Category: Long Municipal - National Bond
- Assets under management: $182.06M
- 1-year return: 3.9%
- Ticker: DMAIX
- SEC CIK: 0000714287
- SEC series ID: S000033433
- Share class ID: C000223772
DMAIX Holdings
Top 10 holdings of DWS Massachusetts Tax-Free Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Massachusetts Water Resources Authority | 3.19% |
| Massachusetts Port Authority | 2.88% |
| Commonwealth of Massachusetts Transportation Fund Revenue | 2.84% |
| Commonwealth of Massachusetts | 2.82% |
| Massachusetts Bay Transportation Authority Sales Tax Revenue | 2.77% |
| Commonwealth of Massachusetts | 2.72% |
| Massachusetts Clean Water Trust/The | 2.49% |
| Massachusetts Port Authority | 2.04% |
| City of Attleboro MA | 2.00% |
| Massachusetts Development Finance Agency | 1.94% |
DMAIX Portfolio Allocation
Asset-class allocation of DWS Massachusetts Tax-Free Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 100.9% |
DMAIX Performance
Total returns for DMAIX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.1% |
| 1 year | 3.9% |
| 3 years (annualised) | 2.7% |
| 5 years (annualised) | 0.3% |
DMAIX Risk Information
Risk metrics for DMAIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.9%
DMAIX Costs and Fees
DMAIX costs about $62 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.62%
- Gross expense ratio: 0.75%
- Portfolio turnover: 32%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
DMAIX Cashflows
Over the 12 months to 2026-03, DWS Massachusetts Tax-Free Fund had net outflows of $21.64M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | −$447.93K |
| 2026-02 | −$694.25K |
| 2026-01 | −$2.80M |
| 2025-12 | −$2.79M |
| 2025-11 | −$3.72M |
| 2025-10 | −$780.38K |
DMAIX Debt Constituents
Largest debt holdings of DWS Massachusetts Tax-Free Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Massachusetts Water Resources Authority | 3.19% |
| Massachusetts Port Authority | 2.88% |
| Commonwealth of Massachusetts Transportation Fund Revenue | 2.84% |
| Commonwealth of Massachusetts | 2.82% |
| Massachusetts Bay Transportation Authority Sales Tax Revenue | 2.77% |
| Commonwealth of Massachusetts | 2.72% |
| Massachusetts Clean Water Trust/The | 2.49% |
| Massachusetts Port Authority | 2.04% |
| City of Attleboro MA | 2.00% |
| Massachusetts Development Finance Agency | 1.94% |
DMAIX Prospectus and SEC Filings
Official DWS Massachusetts Tax-Free Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Municipal - National 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.