SDGAX Fees and Costs — DWS Capital Growth Fund, Class A
Data updated: 2026-08-27
The net expense ratio is 0.89%: a 0.46% management fee, a 0.22% 12b-1 fee plus 0.21% other expenses. This share class carries a maximum front-end sales load of 5.75%. In fiscal 2025 the fund paid $155K in broker commissions, 0.0070% of average net assets, and portfolio turnover was 13%.
SDGAX Fees and Expenses
Annual operating expenses and sales charges of SDGAX. Prospectus, as of January 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.46% |
| 12b-1 fee | 0.22% |
| Other expenses | 0.21% |
| Gross expense ratio | 0.89% |
| Fee waiver | — |
| Net expense ratio | 0.89% |
| Sales charges | |
|---|---|
| Max front load | 5.75% |
| 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 |
SDGAX Costs Over Time
On $10,000 invested in SDGAX, assuming 5% a year before costs, total costs come to $1,264 over 5 years, cutting the return by 2.17% 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 |
| Sales charges | $575 | $575 | $575 |
| Fund expenses (net expense ratio 0.89%) | $88 | $275 | $478 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $29 | $104 | $207 |
| Total costs | $693 | $957 | $1,264 |
| Value after costs | $9,807 | $10,620 | $11,499 |
| Impact on return, per year | 6.93% | 2.98% | 2.17% |
SDGAX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0070%
- Total broker commissions: $155K
- Bought from dealers (principal trades, not a cost): $439.1M
- Portfolio turnover (prospectus): 13%
- Securities on loan, average value: $3.0M
- Net income from securities lending: $6K (0.000% of average net assets)
SDGAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $117K | 75.32% |
| UBS Securities LLC | $13K | 8.63% |
| Morgan Stanley & Co. LLC | $8K | 5.11% |
| J.P. Morgan Securities LLC | $6K | 3.59% |
| BofA Securities, Inc. | $5K | 3.19% |
| Goldman Sachs & Co. LLC | $4K | 2.70% |
| RBC Capital Markets, LLC | $2K | 1.42% |
| Scotia Capital (USA) Inc. | $59 | 0.04% |
SDGAX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $439.1M | 100.00% |
DWS Capital Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SDGZX | Class R6 | 0.59% | none |
| SCGSX | Class S | 0.66% | none |
| SDGTX | Institutional Class | 0.69% | none |
| SDGAX | Class A | 0.89% | 5.75% |
| SDGCX | Class C | 1.76% | 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.