SNPTX Fees and Costs — DWS Equity Sector Strategy Fund, Institutional Class
Data updated: 2026-07-24
The net expense ratio is 0.48%: a 0.28% management fee plus 0.41% other expenses, less a 0.21% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3K in broker commissions, 0.0035% of average net assets, and portfolio turnover was 27%.
SNPTX Fees and Expenses
Annual operating expenses and sales charges of SNPTX. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.28% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.41% |
| Gross expense ratio | 0.69% |
| Fee waiver | −0.21% |
| Net expense ratio | 0.48% |
| 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 |
SNPTX Costs Over Time
On $10,000 invested in SNPTX, assuming 5% a year before costs, total costs come to $306 over 5 years, cutting the return by 0.51% 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 0.48%) | $50 | $158 | $276 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $8 | $28 |
| Total costs | $51 | $167 | $306 |
| Value after costs | $10,449 | $11,409 | $12,457 |
| Impact on return, per year | 0.51% | 0.51% | 0.51% |
SNPTX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0035%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $37.9M
- Portfolio turnover (prospectus): 27%
- Securities on loan, average value: $20K
- Net income from securities lending: $88 (0.000% of average net assets)
SNPTX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $1K | 35.87% |
| Scotia Capital (USA) Inc. | $597 | 19.84% |
| J.P. Morgan Securities LLC | $462 | 15.36% |
| BofA Securities, Inc. | $343 | 11.38% |
| UBS Securities LLC | $259 | 8.61% |
| Morgan Stanley & Co. LLC | $108 | 3.58% |
| Goldman Sachs & Co. LLC | $100 | 3.33% |
| Citigroup Global Markets Inc. | $52 | 1.73% |
| Nomura Securities International, Inc. | $9 | 0.29% |
SNPTX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $36.8M | 97.32% |
| Virtu Americas LLC | $788K | 2.08% |
| Morgan Stanley & Co. LLC | $128K | 0.34% |
| UBS Securities LLC | $90K | 0.24% |
| BofA Securities, Inc. | $9K | 0.02% |
DWS Equity Sector Strategy Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SNPTX | Institutional Class | 0.48% | none |
| SPGRX | Class S | 0.48% | none |
| SUPAX | Class A | 0.73% | 5.75% |
| SUPCX | Class C | 1.48% | 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.