ICAXX — DWS Government Money Market Series
Data updated: 2026-04-27
ICAXX — DWS Government Money Market Series. Money Market · 0.18% expense ratio. Holdings, fees, performance and SEC filings.
ICAXX Fund Overview
ICAXX — DWS Government Money Market Series is a US mutual fund managed by Deutsche Dws Money Market Trust, categorised as Money Market. 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 Money Market Trust
- Category: Money Market
- Ticker: ICAXX
- SEC CIK: 0000703642
- SEC series ID: S000006076
- Share class ID: C000016694
ICAXX Investment Objective and Strategy
DWS Government Money Market Series describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Deutsche Dws Money Market Trust.
Investment objective
The fund seeks maximum current income to the extent consistent with stability of principal. The fund is a feeder fund that invests substantially all of its assets in a master portfolio, the Government Cash Management Portfolio (the Portfolio), which will invest directly in securities and other instruments. The Portfolio has the same investment objective and strategies as the fund. References to investments by the fund may refer to actions undertaken by the Portfolio.
Principal investment strategy
Main investments. The fund is a money market fund that is managed in accordance with federal regulations which govern the quality, maturity, diversity and liquidity of instruments in which a money market fund may invest. The fund operates as a government money market fund, as such term is defined under federal regulations. As a government money market fund, the fund is required to invest at least 99.5% of its total assets at the time of investment in cash, US government securities, and/or repurchase agreements that are collateralized by these instruments. The fund follows policies designed to maintain a stable $1.00 share price. The fund primarily invests in the following types of investments: US Treasury bills, notes, bonds and other obligations issued or guaranteed by the US government, its agencies or instrumentalities.
Repurchase agreements backed by these instruments. In a repurchase agreement, the fund buys securities at one price with a simultaneous agreement to sell back the securities at a future date at an agreed-upon price. The fund may invest in floating and variable rate instruments (obligations that do not bear interest at fixed rates). Under normal circumstances, the fund invests at least 80% of net assets, plus the amount of any borrowings for investment purposes, in US government securities and/or repurchase agreements that are collateralized by US government securities. The fund considers repurchase agreements with the Federal Reserve Bank of New York to be US government securities. Management process. Working in consultation with portfolio management, a credit team screens potential securities and develops a list of those that the fund may buy.
Portfolio management, looking for attractive yield and weighing considerations such as credit quality, economic outlooks and possible interest rate movements, then decides which securities on this list to buy.
ICAXX Holdings
Top 1 holdings of DWS Government Money Market Series by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Government Cash Management Portfolio | 100.00% |
ICAXX Costs and Fees
ICAXX costs about $18 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.18%
- Gross expense ratio: 0.25%
ICAXX Debt Constituents
No individual debt constituents are reported in DWS Government Money Market Series's latest SEC N-PORT filing.
ICAXX Prospectus and SEC Filings
Official DWS Government Money Market Series filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Money Market 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.