SZEIX Performance — DWS Emerging Markets Fixed Income Fund, Institutional Class
Data updated: 2026-09-25
SZEIX returned +1.43% year to date and +7.59% over one year to Jul 2026. Annualised returns are +10.89% over 3 years and +2.09% over 5 years. Against its Emerging Markets Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $136, against $126 for the category, and to $108 over one year, against $109. Volatility over the past three years was 5.90% a year. In the 12 months to Jul 2026 the fund took in a net $736K, and assets reached $48.13M.
SZEIX Growth of $100
What $100 invested in DWS Emerging Markets Fixed Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Bond category average over the same months.
| Period | SZEIX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $108 | $109 |
| 3 years (Aug 2023 – Jul 2026) | $136 | $126 |
| 5 years (Aug 2021 – Jul 2026) | $111 | $115 |
| Since data start (Aug 2019 – Jul 2026) | $122 | $123 |
SZEIX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.43% |
| 1 year | +7.59% |
| 3 years (annualised) | +10.89% |
| 5 years (annualised) | +2.09% |
SZEIX Annual Returns
Calendar-year total returns of DWS Emerging Markets Fixed Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.43% |
| 2025 | +13.99% |
| 2024 | +11.04% |
| 2023 | +10.97% |
| 2022 | −19.35% |
| 2021 | −1.25% |
| 2020 | +4.61% |
| 2019 (Aug–Dec) | +2.45% |
SZEIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.7% | +1.4% | −3.2% | +3.0% | +0.9% | +0.5% | −1.7% | — | — | — | — | — |
| 2025 | +1.8% | +0.8% | −0.8% | −0.4% | +1.8% | +2.6% | +1.5% | +1.6% | +2.1% | +1.3% | +0.3% | +0.7% |
| 2024 | −0.4% | +1.6% | +2.8% | −1.1% | +1.6% | +0.4% | +2.0% | +2.1% | +1.9% | −0.5% | +0.8% | −0.4% |
| 2023 | +3.6% | −2.6% | −1.3% | −1.1% | +0.5% | +3.5% | +1.9% | −2.1% | −1.2% | +0.1% | +4.9% | +4.5% |
| 2022 | −1.9% | −9.4% | −2.1% | −3.5% | −2.0% | −8.5% | −0.5% | +2.5% | −6.3% | −0.7% | +11.1% | +1.6% |
| 2021 | +0.1% | −0.2% | −1.7% | +2.6% | +1.6% | +0.3% | −0.3% | +1.4% | −1.7% | −1.1% | −2.9% | +0.8% |
| 2020 | +1.3% | −1.9% | −17.4% | +3.5% | +8.1% | +5.0% | +1.8% | +1.9% | −2.3% | −0.2% | +4.9% | +2.3% |
| 2019 | — | — | — | — | — | — | — | −2.0% | +0.6% | +1.1% | 0.0% | +2.8% |
SZEIX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 5.90%
- 3-year Sharpe ratio: 1.08 (vs 4.5% risk-free rate)
- Best month: +4.94% (Nov 2023)
- Worst month: −3.21% (Mar 2026)
SZEIX Fund Flows
Monthly money in and out of DWS Emerging Markets Fixed Income Fund, from SEC Form N-PORT.
- 12-month net flow: $736K
- 12-month gross sales (incl. reinvestments): $12.3M
- Sales ÷ redemptions: 1.06×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $178K | $206K | −$28K |
| Jun 2026 | $1.1M | $198K | $925K |
| May 2026 | $62K | $219K | −$157K |
| Apr 2026 | $106K | $2.0M | −$1.9M |
| Mar 2026 | $929K | $2.2M | −$1.2M |
| Feb 2026 | $241K | $258K | −$16K |
| Jan 2026 | $456K | $379K | $77K |
| Dec 2025 | $1.1M | $643K | $501K |
| Nov 2025 | $77K | $225K | −$148K |
| Oct 2025 | $477K | $522K | −$45K |
| Sep 2025 | $7.4M | $4.6M | $2.8M |
| Aug 2025 | $93K | $227K | −$133K |
SZEIX Assets Under Management
Net assets of DWS Emerging Markets Fixed Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $48.13M |
| 2026-04-30 | $48.46M |
| 2026-01-31 | $52.01M |
| 2025-10-31 | $51.77M |
| 2025-07-31 | $47.65M |
| 2025-04-30 | $45.56M |
| 2025-01-31 | $45.58M |
| 2024-10-31 | $53.74M |
| 2024-07-31 | $51.35M |
| 2024-04-30 | $53.02M |
| 2024-01-31 | $49.72M |
| 2023-10-31 | $46.47M |
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.