MGHYX Fees and Costs — DWS Global High Income Fund, Institutional Class
Data updated: 2026-09-25
The net expense ratio is 0.74%: a 0.40% management fee plus 0.34% other expenses. There are no sales loads or redemption fees. Portfolio turnover was 148%.
MGHYX Fees and Expenses
Annual operating expenses and sales charges of MGHYX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.34% |
| Gross expense ratio | 0.74% |
| Fee waiver | — |
| Net expense ratio | 0.74% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
MGHYX Costs Over Time
On $10,000 invested in MGHYX, assuming 5% a year before costs, total costs come to $465 over 5 years, cutting the return by 0.78% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.74%) | $78 | $243 | $423 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $78 | $255 | $465 |
| Value after costs | $10,422 | $11,321 | $12,298 |
| Impact on return, per year | 0.78% | 0.78% | 0.78% |
MGHYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $1.2B
- Portfolio turnover (prospectus): 148%
- Securities on loan, average value: $9.3M
- Net income from securities lending: $116K (0.042% of average net assets)
MGHYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $370.0M | 35.11% |
| BofA Securities, Inc. | $152.7M | 14.49% |
| Morgan Stanley & Co. LLC | $124.7M | 11.83% |
| J.P. Morgan Securities LLC | $113.5M | 10.77% |
| Goldman Sachs & Co. LLC | $113.5M | 10.77% |
| Barclays Capital Inc. | $48.1M | 4.56% |
| Citigroup Global Markets Inc. | $38.5M | 3.65% |
| Wells Fargo Securities, LLC | $35.6M | 3.38% |
| BNY Capital Markets, LLC | $30.5M | 2.90% |
| Jefferies LLC | $26.7M | 2.54% |
DWS Global High Income Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SGHRX | Class R6 | 0.65% | none |
| MGHYX | Institutional Class | 0.74% | none |
| SGHSX | Class S | 0.74% | none |
| SGHAX | Class A | 0.99% | 4.50% |
| SGHCX | Class C | 1.74% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.