SMLCX — DWS Managed Municipal Bond Fund
Data updated: 2026-08-11
SMLCX — DWS Managed Municipal Bond Fund. Long Municipal - National Bond · $1.63B AUM · 1.57% expense ratio. Holdings, fees, performance and SEC filings.
SMLCX Fund Overview
SMLCX — DWS Managed Municipal Bond Fund is a US mutual fund managed by Deutsche Dws Municipal Trust, 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 Municipal Trust
- Category: Long Municipal - National Bond
- Assets under management: $1.63B
- 1-year return: 6.0%
- Ticker: SMLCX
- SEC CIK: 0000203142
- SEC series ID: S000006095
- Share class ID: C000016743
SMLCX Holdings
Top 10 holdings of DWS Managed Municipal Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Public Authority for Colorado Energy | 2.22% |
| City of New York NY | 1.31% |
| Columbus Regional Airport Authority | 1.16% |
| M-S-R Energy Authority | 1.14% |
| Washington Health Care Facilities Authority | 1.11% |
| New Jersey Economic Development Authority | 1.03% |
| Dallas Independent School District | 1.02% |
| New York City Transitional Finance Authority Future Tax Secured Revenue | 1.00% |
| Lamar Consolidated Independent School District | 0.87% |
| Austin Independent School District | 0.82% |
SMLCX Portfolio Allocation
Asset-class allocation of DWS Managed Municipal Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 101.4% |
| Equity | 0.2% |
SMLCX Performance
Total returns for SMLCX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.5% |
| 1 year | 6.0% |
| 3 years (annualised) | 3.1% |
| 5 years (annualised) | -0.4% |
SMLCX Risk Information
Risk metrics for SMLCX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.2%
SMLCX Costs and Fees
SMLCX costs about $157 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.57%
- Gross expense ratio: 1.61%
- Portfolio turnover: 47%
- Brokerage commissions: 0.08 bps of average net assets (SEC N-CEN)
SMLCX Cashflows
Over the 12 months to 2026-05, DWS Managed Municipal Bond Fund had net outflows of $143.68M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$9.22M |
| 2026-04 | −$7.62M |
| 2026-03 | −$6.61M |
| 2026-02 | −$9.35M |
| 2026-01 | −$7.31M |
| 2025-12 | −$21.27M |
SMLCX Debt Constituents
Largest debt holdings of DWS Managed Municipal Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Public Authority for Colorado Energy | 2.22% |
| City of New York NY | 1.31% |
| Columbus Regional Airport Authority | 1.16% |
| M-S-R Energy Authority | 1.14% |
| Washington Health Care Facilities Authority | 1.11% |
| New Jersey Economic Development Authority | 1.03% |
| Dallas Independent School District | 1.02% |
| New York City Transitional Finance Authority Future Tax Secured Revenue | 1.00% |
| Lamar Consolidated Independent School District | 0.87% |
| Austin Independent School District | 0.82% |
SMLCX Prospectus and SEC Filings
Official DWS Managed Municipal Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-09-25
- Prospectus (485BPOS) — filed 2024-09-25
- Prospectus (485BPOS) — filed 2023-09-26
- Portfolio holdings (N-PORT) — filed 2026-07-24
- Portfolio holdings (N-PORT) — filed 2026-04-27
- Portfolio holdings (N-PORT) — filed 2026-01-21
- Annual census (N-CEN) — filed 2026-08-11
- Annual census (N-CEN) — filed 2025-08-07
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.