SQMAX

About SQMAX

DWS Massachusetts Tax-Free Fund - Class A is a municipal bond mutual fund designed to provide investors with income that is exempt from both Massachusetts state and federal income taxes. The fund primarily invests at least 80% of its net assets in municipal securities issued by the state of Massachusetts and its local entities, as well as qualified obligations from U.S. territories, ensuring tax-exempt income for Massachusetts residents. Its portfolio encompasses a variety of municipal debt types, including general obligation bonds, revenue bonds, and other public-sector obligations, with no fixed maturity restrictions. The fund may also allocate a portion of assets to bonds subject to the federal alternative minimum tax. Positioned within the "Muni Massachusetts" category, the fund serves individuals seeking tax-efficient income, particularly those residing in Massachusetts. Managed by a team of professionals, DWS Massachusetts Tax-Free Fund - Class A plays a specialized role in the municipal bond sector by catering to investors with a focus on state-specific tax advantages and income preservation.