DMAIX

About DMAIX

DWS Massachusetts Tax-Free Fund is a municipal bond mutual fund with a primary focus on generating income exempt from both Massachusetts personal and U.S. federal income taxes. The fund is actively managed and invests at least 80% of its net assets in investment-grade municipal securities issued by the state of Massachusetts or its local government entities. It targets primarily revenue and general obligation bonds across sectors such as infrastructure, water resources, transportation, and public utilities, with typical exposure to high-quality credits rated AA and A. The fund may allocate up to 20% of assets to securities whose income is subject to the federal alternative minimum tax. Designed for institutional investors, it requires a high minimum investment and emphasizes moderate interest rate sensitivity and credit quality. DWS Massachusetts Tax-Free Fund serves as a tax-efficient fixed income option for investors seeking steady, tax-advantaged income while supporting Massachusetts' municipal development and essential services. Its monthly distributions and focus on state-specific securities make it a key instrument for entities seeking targeted municipal exposure within the tax-exempt market segment.