SZICX Fees and Costs — DWS Total Return Bond Fund, Class C
Data updated: 2026-09-25
The net expense ratio is 1.55%: a 0.35% management fee, a 0.98% 12b-1 fee plus 0.47% other expenses, less a 0.25% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $16K in broker commissions, 0.0065% of average net assets, and portfolio turnover was 181%.
SZICX Fees and Expenses
Annual operating expenses and sales charges of SZICX. Prospectus, as of April 30, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | 0.98% |
| Other expenses | 0.47% |
| Gross expense ratio | 1.80% |
| Fee waiver | −0.25% |
| Net expense ratio | 1.55% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
SZICX Costs Over Time
On $10,000 invested in SZICX, assuming 5% a year before costs, total costs come to $963 over 5 years, cutting the return by 1.63% 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 | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.55%) | $163 | $505 | $870 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $25 | $89 |
| Total costs | $267 | $532 | $963 |
| Value after costs | $10,233 | $11,044 | $11,800 |
| Impact on return, per year | 2.67% | 1.63% | 1.63% |
SZICX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending January 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0065%
- Total broker commissions: $16K
- Bought from dealers (principal trades, not a cost): $1.3B
- Portfolio turnover (prospectus): 181%
- Securities on loan, average value: $1.6M
- Net income from securities lending: $6K (0.002% of average net assets)
SZICX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $16K | 100.00% |
SZICX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank and Trust Company | $376.3M | 33.11% |
| J.P. Morgan Securities LLC | $197.0M | 17.34% |
| Morgan Stanley & Co. LLC | $125.6M | 11.06% |
| BofA Securities, Inc. | $122.1M | 10.74% |
| Goldman Sachs & Co. LLC | $87.5M | 7.70% |
| Citigroup Global Markets Inc. | $61.4M | 5.41% |
| Wells Fargo Securities, LLC | $51.3M | 4.51% |
| BNY Capital Markets, LLC | $47.4M | 4.17% |
| Barclays Capital Inc. | $41.5M | 3.65% |
| SG Americas Securities, LLC | $26.3M | 2.31% |
DWS Total Return Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| SCSBX | Class S | 0.55% | none |
| SZIIX | Institutional Class | 0.55% | none |
| SZIAX | Class A | 0.80% | 2.75% |
| SZICX | Class C | 1.55% | 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.