SPBAX Mutual Fund

NAV$12.74

Fund Essentials - as of Feb 28, 2026

Net Assets
$32M
Expense Ratio
0.72%
Dividend Yield (Current)
11.24%
Holdings
30
Inception Date
Nov 15, 1996
Fund Family
DWS
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Quarterly

Performance

1 Year+9.02%
3 Year+8.11%
5 Year+3.06%
10 Year+5.05%

Asset Allocation

Bonds: 0.43%
Cash: 0.34%
Other: 99.23%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
BTIIXDws Equity 500 Index Fund15.44%
GOVTISHARES TR US TREAS BD ETF14.66%
LQDIshares Iboxx $ Invest Grade Corp Bond ETF (lqd)14.05%
GNMAIshares Gnma Bond ETF13.09%
KHYIXDws High Income Fund Institutional9.55%
Top 10 Concentration: 86.94%Report Date: Feb 28, 2026
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Dividend Summary

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Dividend Yield (Current)
11.24%
Frequency
Quarterly
Latest Distribution
$0.07
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Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
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SPBAX Mutual Fund Overview

SPBAX Mutual Fund (DWS Multi-Asset Conservative Allocation Fund Class S) is managed by DWS with $32.1M in net assets. SPBAX expense ratio is 0.72%, holding 30 positions across sectors including Unknown, Financials, Other. Inception date: 1996-11-15.

SPBAX performance shows data across multiple time periods. The 1-year return is 9.02% and the 5-year return is 3.06%. SPBAX dividend yield stands at 11.24%, paid quarterly.

SPBAX top holdings include Dws Equity 500 Index Fund (15.4%), ISHARES TR US TREAS BD ETF (14.7%), Ishares Iboxx $ Invest Grade Corp Bond ETF (lqd) (14.1%), Ishares Gnma Bond ETF (13.1%), Dws High Income Fund Institutional (9.6%). View all SPBAX holdings, sector breakdown, or dividend history.

SPBAX can be compared against other funds using the overlap calculator or side-by-side comparison tool. SPBAX alternatives are available via the screener, along with tax-loss harvesting opportunities.