DBPIX

About DBPIX

DWS Short Duration Fund - Class S is an actively managed short-term bond mutual fund designed to provide high income while prioritizing capital stability. According to the sponsor, the strategy seeks income with a high degree of capital preservation, positioning it in the short-duration segment to limit interest-rate sensitivity relative to intermediate bond funds. The fund falls within the short-term bond category and targets a medium credit quality profile with limited interest rate sensitivity, reflecting its focus on shorter effective duration. Morningstar data indicates a sizable asset base and a no-load share class with an expense ratio near one-half percent, aligning it with core short-duration offerings used for liquidity management and income generation. Portfolio holdings typically include U.S. Treasuries, agency mortgage-backed securities, investment-grade corporates, and securitized credit such as CLOs, balancing government and credit exposure to support yield while managing risk. This fund can serve as a fixed income anchor for investors seeking steadier net asset value behavior than longer-duration bond funds, with a role in cash-plus or defensive allocations across market cycles.