DMAIX — DWS Massachusetts Tax-Free Fund
Data updated: 2026-08-27
DMAIX — DWS Massachusetts Tax-Free Fund. Long Municipal - National Bond · $179.17M AUM · 0.64% expense ratio. Holdings, fees, performance and SEC 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: $179.17M
- 1-year return: 7.2%
- 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 | 3.23% |
| Commonwealth of Massachusetts Transportation Fund Revenue | 2.94% |
| Massachusetts Port Authority | 2.94% |
| Commonwealth of Massachusetts | 2.88% |
| Massachusetts Bay Transportation Authority Sales Tax Revenue | 2.81% |
| Commonwealth of Massachusetts | 2.80% |
| Massachusetts Port Authority | 2.16% |
| City of Attleboro MA | 2.13% |
| Massachusetts Development Finance Agency | 1.99% |
| Massachusetts Port Authority | 1.96% |
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 | 102.2% |
DMAIX Performance
Total returns for DMAIX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.7% |
| 1 year | 7.2% |
| 3 years (annualised) | 3.6% |
| 5 years (annualised) | 0.5% |
DMAIX Risk Information
Risk metrics for DMAIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.7%
DMAIX Costs and Fees
DMAIX costs about $64 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.64%
- Gross expense ratio: 0.76%
- Portfolio turnover: 38%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
DMAIX Cashflows
Over the 12 months to 2026-06, DWS Massachusetts Tax-Free Fund had net outflows of $23.06M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$843.72K |
| 2026-05 | −$182.95K |
| 2026-04 | −$5.12M |
| 2026-03 | −$447.93K |
| 2026-02 | −$694.25K |
| 2026-01 | −$2.80M |
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 | 3.23% |
| Commonwealth of Massachusetts Transportation Fund Revenue | 2.94% |
| Massachusetts Port Authority | 2.94% |
| Commonwealth of Massachusetts | 2.88% |
| Massachusetts Bay Transportation Authority Sales Tax Revenue | 2.81% |
| Commonwealth of Massachusetts | 2.80% |
| Massachusetts Port Authority | 2.16% |
| City of Attleboro MA | 2.13% |
| Massachusetts Development Finance Agency | 1.99% |
| Massachusetts Port Authority | 1.96% |
DMAIX Prospectus and SEC Filings
Official DWS Massachusetts Tax-Free Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-07-27
- Prospectus (485BPOS) — filed 2025-07-24
- Prospectus (485BPOS) — filed 2024-07-25
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-26
- Annual census (N-CEN) — filed 2026-06-08
- Annual census (N-CEN) — filed 2025-06-06
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.