DWS MA Tax-Free A Deutsche Asset Management Two International Place Boston MA 02110
Phone: 800-621-1048
| Category: |
Muni Massachusetts |
| Fund Family: |
DWS-Scudder |
| Net Assets: |
10.72M |
| Year-to-Date Return: |
3.51% |
| Yield: |
3.87% |
| Morningstar Rating: |
 |
| Fund Inception Date: |
18-Jun-01 |
|
Philip G. Condon
Lead Manager since
31-Dec-03 |
|
| Condon is a managing director of Deutsche Asset Management, his employer since 1983. He heads the municipal bond department, with management responsibility for the firms tax-free bond funds. Previously, he spent five years as a fixed-income analyst for the Connecticut General Life Insurance Company. Condon is a member of the National Federation of Municipal Analysts and the Municipal Bond Forum. |
| Min Initial Investment: |
$1,000 |
| Min Initial Investment, IRA: |
$500 |
| Min Initial Investment, AIP: |
$500 |
| Min Subsequent Investment: |
$50 |
| Min Subsequent Investment, IRA: |
$50 |
| Min Subsequent Investment, AIP: |
$50 |
|
|
|
| The investment seeks income exempt from Massachusetts and regular federal income taxes. The fund invests at least 80% of assets in municipal securities that provide interest income exempt from Massachusetts and federal income taxes. It may invest up to 20% of assets in securities whose income is subject to the federal alternative minimum tax. The fund invests at least 75% of net assets in municipal securities of the top four grades of credit quality and up to 25% of assets in junk bonds of the fifth and sixth credit grades. It is nondiversified. |
| Last Dividend
(24-Dec-07):
|
0.04 |
| Last Cap Gain
(22-Jun-07):
|
0.00 |
| Annual Holdings Turnover
|
41.00% |
| Average for Category:
|
18.24% |
|
| Expense |
SQMAX |
Category Avg |
| Total Expense Ratio: |
0.98%
|
1.18% |
| Max 12b1 Fee: |
0.24%
|
N/A |
| Max Front End Sales Load: |
4.50%
|
4.15% |
| Max Deferred Sales Load: |
0.00%
|
2.75% |
| 3 Yr Expense Projection*: |
$896 |
$660 |
| 5 Yr Expense Projection*: |
$1,221 |
$949 |
| 10 Yr Expense Projection*: |
$2,138 |
$1,755 |
|
|