DWS High Income Fund (KHYAX)
The fund generally invests at least 65% of net assets, plus the amount of any borrowings for investment purposes, in junk bonds. It may invest up to 50% of total assets in bonds denominated in U.S. dollars or foreign currencies from foreign issuers, including issuers in emerging markets.
Fund Info
| ISIN | US25155T6689 |
|---|---|
| CUSIP | 25155T668 |
| Issuer | DWS |
| Inception Date | Jan 26, 1978 |
| Category | High Yield Bonds |
| Min. Investment | $1,000 |
| Asset Class | Bond |
Expense Ratio
KHYAX has a high expense ratio of 0.94%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: KHYAX vs. EIFAX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in DWS High Income 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 High Income Fund had a return of 0.41% year-to-date (YTD) and 7.49% in the last 12 months. Over the past 10 years, DWS High Income Fund had an annualized return of 3.70%, while the S&P 500 had an annualized return of 10.37%, indicating that DWS High Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 0.41% | 5.57% |
| 1 month | -0.87% | -4.16% |
| 6 months | 8.37% | 20.07% |
| 1 year | 7.49% | 20.82% |
| 5 years (annualized) | 3.43% | 11.56% |
| 10 years (annualized) | 3.70% | 10.37% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.04% | 0.05% | 1.20% | |||||||||
| 2023 | -1.64% | 4.44% | 3.34% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of KHYAX is 82, placing it in the top 18% of the market in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
DWS High Income Fund(KHYAX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for DWS High Income Fund (KHYAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
DWS High Income Fund granted a 5.98% dividend yield in the last twelve months. The annual payout for that period amounted to $0.26 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.26 | $0.25 | $0.22 | $0.22 | $0.22 | $0.23 | $0.25 | $0.25 | $0.24 | $0.26 | $0.29 | $0.32 |
Dividend yield | 5.98% | 5.70% | 5.33% | 4.50% | 4.47% | 4.86% | 5.66% | 5.24% | 5.03% | 5.84% | 6.03% | 6.44% |
Monthly Dividends
The table displays the monthly dividend distributions for DWS High Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.02 | $0.02 | $0.02 | |||||||||
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 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 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 |
| 2013 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the DWS High Income 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 High Income Fund was 31.58%, occurring on Dec 12, 2008. Recovery took 214 trading sessions.
The current DWS High Income Fund drawdown is 0.87%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -31.58% | May 23, 2007 | 395 | Dec 12, 2008 | 214 | Oct 20, 2009 | 609 |
| -23.27% | Feb 3, 1994 | 110 | Jul 13, 1994 | 556 | Sep 23, 1996 | 666 |
| -23.24% | Jun 14, 1989 | 343 | Oct 19, 1990 | 159 | Jun 7, 1991 | 502 |
| -22.42% | Feb 20, 2020 | 23 | Mar 23, 2020 | 92 | Aug 3, 2020 | 115 |
| -17.75% | Apr 9, 1998 | 1133 | Oct 10, 2002 | 164 | Jun 6, 2003 | 1297 |
Volatility
Volatility Chart
The current DWS High Income Fund volatility is 1.27%, 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.