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DWS Managed Municipal Bond Fund (SCMBX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US25158T8484

CUSIP

25158T848

Issuer

Blackrock

Inception Date

Oct 13, 1976

Min. Investment

$2,500

Asset Class

Bond

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
SCMBX vs. VTEX SCMBX vs. FUEMX SCMBX vs. JMUB SCMBX vs. MUB SCMBX vs. VTEB SCMBX vs. MUNI SCMBX vs. IYW SCMBX vs. SWLGX SCMBX vs. ICVT SCMBX vs. FUENX
Popular comparisons:
SCMBX vs. VTEX SCMBX vs. FUEMX SCMBX vs. JMUB SCMBX vs. MUB SCMBX vs. VTEB SCMBX vs. MUNI SCMBX vs. IYW SCMBX vs. SWLGX SCMBX vs. ICVT SCMBX vs. FUENX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in DWS Managed Municipal Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
3.82%
12.53%
SCMBX (DWS Managed Municipal Bond Fund)
Benchmark (^GSPC)

Returns By Period

DWS Managed Municipal Bond Fund had a return of 3.18% year-to-date (YTD) and 8.52% in the last 12 months. Over the past 10 years, DWS Managed Municipal Bond Fund had an annualized return of 2.35%, while the S&P 500 had an annualized return of 11.21%, indicating that DWS Managed Municipal Bond Fund did not perform as well as the benchmark.


SCMBX

YTD

3.18%

1M

1.31%

6M

3.82%

1Y

8.52%

5Y (annualized)

1.31%

10Y (annualized)

2.35%

^GSPC (Benchmark)

YTD

25.15%

1M

2.97%

6M

12.53%

1Y

31.00%

5Y (annualized)

13.95%

10Y (annualized)

11.21%

Monthly Returns

The table below presents the monthly returns of SCMBX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-0.06%0.19%0.31%-1.29%0.19%1.95%0.81%0.68%1.29%-1.50%3.18%
20233.71%-2.52%1.93%0.16%-0.41%1.05%0.42%-1.32%-2.98%-1.65%6.74%3.26%8.26%
2022-2.90%-0.65%-3.46%-3.48%1.40%-2.37%2.99%-2.37%-4.54%-1.65%5.94%-0.17%-11.16%
20210.87%-1.87%0.68%1.21%0.66%0.45%0.87%-0.40%-0.93%-0.19%1.10%-0.74%1.68%
20202.16%1.65%-5.92%-2.30%3.41%1.94%1.79%-0.29%-0.18%-0.19%2.12%1.23%5.17%
20190.75%0.52%1.72%0.51%1.59%0.26%0.81%1.68%-0.70%0.05%0.12%0.44%8.01%
2018-1.26%-0.51%0.26%-0.40%1.17%0.07%0.16%0.07%-0.64%-0.85%1.00%1.14%0.17%
20170.51%0.63%0.21%0.61%1.50%-0.02%0.59%0.82%-0.39%0.15%-0.27%1.22%5.69%
20161.05%-0.00%0.43%0.84%0.40%1.70%-0.13%0.19%-0.63%-1.00%-3.80%1.10%0.04%
20151.92%-1.16%0.21%-0.71%-0.36%-0.10%0.79%0.31%0.55%0.45%0.42%0.66%3.00%
20142.53%1.26%0.48%1.46%1.65%-0.08%0.24%1.64%0.23%0.77%0.09%0.65%11.45%
20130.76%0.43%-0.62%1.17%-1.46%-3.81%-1.32%-1.55%2.44%0.81%-0.19%-0.30%-3.73%

Expense Ratio

SCMBX features an expense ratio of 0.54%, falling within the medium range.


Expense ratio chart for SCMBX: current value at 0.54% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.54%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of SCMBX is 64, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of SCMBX is 6464
Combined Rank
The Sharpe Ratio Rank of SCMBX is 6969
Sharpe Ratio Rank
The Sortino Ratio Rank of SCMBX is 7777
Sortino Ratio Rank
The Omega Ratio Rank of SCMBX is 8585
Omega Ratio Rank
The Calmar Ratio Rank of SCMBX is 3939
Calmar Ratio Rank
The Martin Ratio Rank of SCMBX is 4848
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for DWS Managed Municipal Bond Fund (SCMBX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for SCMBX, currently valued at 2.22, compared to the broader market-1.000.001.002.003.004.005.002.222.53
The chart of Sortino ratio for SCMBX, currently valued at 3.36, compared to the broader market0.005.0010.003.363.39
The chart of Omega ratio for SCMBX, currently valued at 1.52, compared to the broader market1.002.003.004.001.521.47
The chart of Calmar ratio for SCMBX, currently valued at 0.90, compared to the broader market0.005.0010.0015.0020.000.903.65
The chart of Martin ratio for SCMBX, currently valued at 9.50, compared to the broader market0.0020.0040.0060.0080.00100.009.5016.21
SCMBX
^GSPC

The current DWS Managed Municipal Bond Fund Sharpe ratio is 2.22. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of DWS Managed Municipal Bond Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.22
2.53
SCMBX (DWS Managed Municipal Bond Fund)
Benchmark (^GSPC)

Dividends

Dividend History

DWS Managed Municipal Bond Fund provided a 4.03% dividend yield over the last twelve months, with an annual payout of $0.33 per share.


3.00%3.50%4.00%$0.00$0.10$0.20$0.30$0.4020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.33$0.33$0.34$0.27$0.37$0.32$0.30$0.31$0.34$0.37$0.38$0.38

Dividend yield

4.03%4.08%4.30%2.87%4.00%3.49%3.38%3.42%3.78%3.91%4.07%4.30%

Monthly Dividends

The table displays the monthly dividend distributions for DWS Managed Municipal Bond Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.00$0.26
2023$0.02$0.02$0.02$0.02$0.05$0.02$0.02$0.02$0.02$0.02$0.03$0.05$0.33
2022$0.02$0.02$0.02$0.02$0.04$0.02$0.02$0.02$0.02$0.02$0.05$0.05$0.34
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$0.05$0.03$0.02$0.02$0.05$0.02$0.02$0.02$0.02$0.02$0.04$0.04$0.37
2019$0.03$0.03$0.02$0.03$0.03$0.02$0.03$0.03$0.02$0.03$0.02$0.05$0.32
2018$0.02$0.02$0.02$0.02$0.02$0.03$0.02$0.03$0.02$0.03$0.03$0.03$0.30
2017$0.03$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.02$0.02$0.03$0.03$0.31
2016$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.34
2015$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.37
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
2013$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.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.92%
-0.53%
SCMBX (DWS Managed Municipal Bond Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the DWS Managed Municipal Bond 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 Managed Municipal Bond Fund was 17.56%, occurring on Oct 25, 2022. The portfolio has not yet recovered.

The current DWS Managed Municipal Bond Fund drawdown is 1.92%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-17.56%Aug 6, 2021308Oct 25, 2022
-13.17%Oct 21, 1993283Nov 21, 1994137May 31, 1995420
-13.12%Mar 11, 1987159Oct 19, 198774Jan 29, 1988233
-12.34%Mar 3, 202014Mar 20, 2020176Nov 30, 2020190
-11.46%Sep 8, 200871Dec 16, 200892Apr 30, 2009163

Volatility

Volatility Chart

The current DWS Managed Municipal Bond Fund volatility is 1.61%, 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.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%JuneJulyAugustSeptemberOctoberNovember
1.61%
3.97%
SCMBX (DWS Managed Municipal Bond Fund)
Benchmark (^GSPC)