DWS Floating Rate Fund (DFRTX)
Under normal market conditions, the fund invests at least 80% of its total assets in adjustable rate loans that have a senior right to payment ("senior loans") and other floating rate debt securities. It may also borrow money in an amount up to 33 1-3% of the fund's total assets for a range of purposes, including to create investment leverage. Senior loans typically are of below investment-grade quality and, compared to investment grade loans, may pay higher yields and have higher volatility and higher risk of default on payments of interest or principal.
Expense Ratio
DFRTX features an expense ratio of 0.78%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in DWS Floating Rate Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
DWS Floating Rate Fund had a return of 0.26% year-to-date (YTD) and 7.71% in the last 12 months. Over the past 10 years, DWS Floating Rate Fund had an annualized return of 3.41%, while the S&P 500 had an annualized return of 11.24%, indicating that DWS Floating Rate Fund did not perform as well as the benchmark.
DFRTX
0.26%
0.26%
3.68%
7.71%
4.43%
3.41%
^GSPC (Benchmark)
-0.66%
-3.44%
3.10%
22.14%
12.04%
11.24%
Monthly Returns
The table below presents the monthly returns of DFRTX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.48% | 0.75% | 0.75% | 0.62% | 0.88% | 0.22% | 0.62% | 0.75% | 0.36% | 0.81% | 0.94% | 0.41% | 7.85% |
| 2023 | 2.67% | 0.27% | 0.02% | 0.94% | -0.78% | 2.45% | 1.08% | 1.12% | 0.48% | -0.17% | 1.55% | 1.41% | 11.56% |
| 2022 | 0.15% | -0.61% | 0.03% | -0.10% | -2.80% | -2.36% | 2.36% | 1.40% | -2.63% | 1.39% | 1.31% | 0.46% | -1.56% |
| 2021 | 0.80% | 0.54% | -0.21% | 0.54% | 0.42% | 0.40% | -0.23% | 0.41% | 0.53% | 0.15% | -0.23% | 0.66% | 3.84% |
| 2020 | 0.02% | -1.62% | -9.47% | 2.88% | 3.23% | 0.05% | 2.05% | 1.23% | 0.18% | 0.05% | 1.99% | 1.19% | 1.14% |
| 2019 | 2.70% | 1.53% | -0.21% | 1.53% | -0.58% | 0.30% | 0.79% | -0.07% | 0.67% | -0.22% | 0.65% | 1.27% | 8.63% |
| 2018 | 0.83% | 0.05% | 0.18% | 0.43% | -0.05% | -0.04% | 0.72% | 0.50% | 0.61% | -0.22% | -0.97% | -2.46% | -0.46% |
| 2017 | 0.18% | 0.29% | -0.06% | 0.41% | 0.24% | -0.13% | 0.84% | -0.60% | -0.12% | 0.47% | -0.02% | 0.22% | 1.72% |
| 2016 | -1.37% | -1.40% | 1.88% | 1.74% | 0.41% | -0.07% | 0.65% | 0.29% | 0.65% | 0.54% | 0.30% | 1.01% | 4.66% |
| 2015 | 0.13% | 1.57% | 0.46% | 1.11% | 0.35% | -0.83% | -0.07% | -1.06% | -1.07% | -0.52% | -0.98% | -1.38% | -2.32% |
| 2014 | 0.55% | 0.23% | 0.23% | -0.08% | 0.34% | 0.55% | -0.09% | 0.23% | -0.83% | 0.13% | 0.13% | -1.50% | -0.12% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 99, DFRTX is among the top 1% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for DWS Floating Rate Fund (DFRTX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
DWS Floating Rate Fund provided a 8.77% dividend yield over the last twelve months, with an annual payout of $0.67 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.67 | $0.67 | $0.64 | $0.32 | $0.27 | $0.31 | $0.40 | $0.34 | $0.37 | $0.41 | $0.40 | $0.38 |
Dividend yield | 8.77% | 8.80% | 8.36% | 4.34% | 3.40% | 3.87% | 4.88% | 4.33% | 4.53% | 4.86% | 4.76% | 4.23% |
Monthly Dividends
The table displays the monthly dividend distributions for DWS Floating Rate Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | |||||||||||
| 2024 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.05 | $0.05 | $0.05 | $0.67 |
| 2023 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.64 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.32 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 2020 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.31 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.40 |
| 2018 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.34 |
| 2017 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.41 |
| 2015 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.40 |
| 2014 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.38 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the DWS Floating Rate Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the DWS Floating Rate Fund was 31.07%, occurring on Dec 16, 2008. Recovery took 204 trading sessions.
The current DWS Floating Rate Fund drawdown is 0.13%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.07% | Nov 5, 2007 | 281 | Dec 16, 2008 | 204 | Oct 8, 2009 | 485 |
| -21.32% | Jan 21, 2020 | 44 | Mar 23, 2020 | 182 | Dec 9, 2020 | 226 |
| -8.58% | Jun 2, 2015 | 185 | Feb 24, 2016 | 355 | Jul 21, 2017 | 540 |
| -6.46% | Jan 24, 2022 | 113 | Jul 6, 2022 | 135 | Jan 18, 2023 | 248 |
| -6.09% | May 4, 2011 | 81 | Aug 26, 2011 | 104 | Jan 26, 2012 | 185 |
Volatility
Volatility Chart
The current DWS Floating Rate Fund volatility is 0.40%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.