# Portfolio overlap — SMLIX vs NOTAX Comparing **DWS Managed Municipal Bond Fund** (2026-02-28) and **DWS Strategic High Yield Tax-Free Fund** (2026-02-28). - Shared positions: 150 - DWS Managed Municipal Bond Fund covered by DWS Strategic High Yield Tax-Free Fund: 0.2869709276243546361919109090 - DWS Strategic High Yield Tax-Free Fund covered by DWS Managed Municipal Bond Fund: 0.2869709276243546361919109088 ## DWS Managed Municipal Bond Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | Public Authority for Colorado Energy, Series 2008, RB | 0.022022 | | | NYC NY 5.25% 2/1/2048 | 0.012738 | | | MSR Energy Authority, Series B | 0.011278 | ✓ | | OH COLAPT 5.5 01/01/2050 | 0.011212 | | | WA ST HLTH CAR(COMMONSPIRIT HE) 5% 8/1/44 | 0.010789 | | | PREREF NEW JERSEY ST ECON DEV AUTH RE REGD B/E PREREFUNDED 12/15/26 @ 100 5.50000000 | 0.010007 | | | DALLAS ISD-A | 0.009964 | | | NYC TRANSITIONAL FIN | 0.009746 | | | LAMAR TX CONSOL INDEP SCH DIST | 0.008541 | | | AUSTIN TX INDEP SCH DIST | 0.007976 | | | MARYLAND ST HLTH & HGR EDUCTNL MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AU | 0.007585 | ✓ | | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE | 0.007509 | | | TX NEWEDU 4 04/01/2057 | 0.007471 | ✓ | | NY TRANS CORP 5.375% 6/30/2060 @ | 0.007436 | ✓ | | NYC NY 5% 4/1/2040 | 0.007430 | | | FLORIDA ST HGR EDUCTNL FACS FINANCIAL AUTH REVENUE | 0.007348 | | | LAMAR TX CONSOL INDEP SCH DIST | 0.007306 | | | FLORIDA ST DEV FIN CORP SENIOR LIVING REVENUE | 0.007168 | ✓ | | UNIVERSITY OF TAMPA INC 4.0% 04-01-50 | 0.007141 | | | LAMAR TX ISD 5% 2/15/2041 | 0.007126 | | | Chicago O'Hare International Airport, Series E | 0.006643 | | | MAIN STR NAT GA 4% 07/01/2052 MT | 0.006601 | | | IOWA ST HGR EDU LOAN AUTH | 0.006433 | ✓ | | TX TRANSPRTN FIN-A | 0.006422 | | | INDIANA ST FIN AUTH HLTH SYS REVENUE | 0.006415 | | | Tender Option Bond Trust Receipts/Certificates | 0.006405 | | | NYC TRANSITIONAL-I-1 | 0.006366 | ✓ | | SAN ANGELO TX INDEP SCH DIST | 0.006332 | | | OCHSNER CLINIC FOUNDATION OBLIGATED GROUP 5.5% 05-15-55 | 0.006331 | | | Harris County, Texas, Toll Road Revenue Bonds, Refunding First Lien Series 2024A | 0.006326 | | | ARIZONA ST INDL DEV AUTH SENIOR LIVING REVENUE | 0.006310 | ✓ | | City of Atlanta, Series 2025 B-1 | 0.006289 | | | PENNSYLVANIA ST ECON DEV FING REGD B/E AMT 5.75000000 | 0.006273 | | | PUBLIC FIN WIS 5.50% 6/1/2055 | 0.006254 | | | LAMAR TX CONSOL INDEP SCH DIST | 0.006244 | | | SAN ANTONIO TX INDEP SCH DIST | 0.006219 | | | Southeastern Pennsylvania Transportation Authority, Series 2022 | 0.006201 | | | NYC TRANSITIONAL FIN | 0.006104 | | | WEST VIRGINIA ST HOSP FIN AUTH | 0.006066 | | | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE | 0.006013 | | | PEFA INC VAR | 0.005995 | | | TEXAS ST | 0.005879 | ✓ | | CHICAGO O'HARE INTERNATIONAL AIRPORT (TOBS) | 0.005821 | ✓ | | DALLAS-FORT WORTH TX INTERNATI REGD B/E AMT 5.25000000 | 0.005700 | | | SALT VERDE FINL. CO 5.00% | 0.005553 | | | PUBLIC FIN AUTH WI EDUCTNL FAC REVENUE | 0.005446 | ✓ | | Tarrant County, TX Cultural Education Fac. Finance Corporation Hospital Rev. (Baylor Scott and White Health) D | 0.005431 | | | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE | 0.005420 | | | SALT LAKE CITY UT ARPT REVENUE | 0.005380 | | | NY TRNSPRTN DEV CRP-A | 0.005316 | ✓ | ## DWS Strategic High Yield Tax-Free Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | MSR Energy Authority, Series B | 0.016393 | ✓ | | FLORIDA ST DEV FIN CORP SENIOR LIVING REVENUE | 0.015609 | ✓ | | PUERTO RICO SALES TAX FING COR REGD OID B/E 4.75000000 | 0.015213 | | | NYC NY 5.5% 8/1/50 | 0.013025 | | | PUBLIC FIN AUTH WI EDUCTNL FAC REVENUE | 0.012651 | ✓ | | STATE OF CALIFORNIA 5.0% 03-01-49 | 0.012430 | | | NYC TRANSITIONAL-I-1 | 0.012324 | ✓ | | WI PUBGEN 6 02/01/2062 | 0.011844 | ✓ | | Aurora Highlands Community Authority Board, Series 2021 A, Ref. RB | 0.011195 | | | ARIZONA ST INDL DEV AUTH SENIOR LIVING REVENUE | 0.010704 | ✓ | | PENINSULA TOWN CENTER VA CMNTY PTCDEV 09/45 FIXED 5 | 0.010694 | ✓ | | LOMA LINDA UNIVERSITY MEDICAL CENTER OBLIGATED GROUP 5.5% 12-01-54 | 0.010603 | | | CALIFORNIA ST MUNI FIN AUTH REVENUE | 0.010241 | ✓ | | VIRGINIA ST SMALL BUSINESS FIN REGD B/E AMT 4.00000000 | 0.010160 | ✓ | | PUBLIC AUTHORITY FOR COLORADO PUBUTL 11/28 FIXED OID 6.25 | 0.010101 | | | IOWA ST HGR EDU LOAN AUTH | 0.010055 | ✓ | | TX MATPOL 4.4 05/01/2030 | 0.009695 | | | WISCONSIN HLTH EDL FACS AUTH SENIOR LIVING REVENUE | 0.009522 | | | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE | 0.009466 | | | MASSACHUSETTS ST DEV FIN AGY S REGD OID B/E 6.50000000 | 0.009195 | | | CSCDA Community Improvement Authority, California, Essential Housing Revenue Bonds, Altana Glendale, Series 2021A-1 | 0.009022 | | | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE | 0.008446 | | | State of Illinois | 0.008411 | ✓ | | INDIANA ST FIN AUTH REVENUE | 0.008400 | | | UTAH ST CHRT SCH FIN AUTH CHRT SCH REVENUE | 0.008372 | | | SEMINOLE CTY 5.5% 11/15/2049 | 0.008273 | | | MD ECON DEV CORP | 0.008193 | | | NEW HOPE CULTURAL EDU FACS FIN CORP TX SENIOR LIVING REVENUE | 0.008145 | ✓ | | KANSAS CITY MO LAND CLEARANCE REDEV AUTH PROJ REVENUE | 0.008086 | | | River Islands Public Financing Authority, California, Special Tax Bonds, Community Facilities District 2019-1 Phase 2 Public Improvements, Series 2019 | 0.007718 | | | SIGNIA HOTEL MANAGEMENT LLC 5.0% 01-01-54 | 0.007447 | | | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | 0.007406 | | | WI PUBTRN 5.75 12/31/2065 | 0.007206 | ✓ | | WASHINGTON ST CONVENTION CENTER PUBLIC FACS DIST | 0.007168 | ✓ | | TX NEWEDU 4 04/01/2057 | 0.007164 | ✓ | | NEW HOPE CULTURAL EDU FACS FINCORP TX EDU REVENUE | 0.007086 | ✓ | | RI H and E BLDG CO 5% 7/1/2050 | 0.006961 | | | South Miami Health Facilities Authority, Inc. (Baptist Health South Florida Obligated Group), Series 2017, Ref. RB | 0.006882 | | | NJ EDA REV 5% 10/1/2039 | 0.006815 | | | Public Energy Authority of Kentucky, Gas Supply Revenue Bonds, Series 2025B | 0.006801 | | | NEWBRIDGE ON THE CHARLES INC OBLIGATED GROUP 5.0% 10-01-57 | 0.006743 | | | MINNESOTA ST HSG FIN AGY REGD B/E GNMA/FN 5.00000000 | 0.006553 | | | Jacksonville, Florida, Educational Facilities Revenue Bonds, Jacksonville University Project, Series 2018B | 0.006529 | ✓ | | ILLINOIS ST HSG DEV AUTH REVENUE | 0.006502 | | | ORANGE HLTH FACS-A | 0.006415 | ✓ | | PUBLIC FIN AUTH WI SR LIVING CMNTY 1ST MTGE REVENUE | 0.006209 | ✓ | | RI STUD LN 4.125% 12/1/2043@ | 0.006132 | | | RESTRUCTURED-CABS-SER | 0.006120 | | | Charlotte (County of), FL Industrial Development Authority (Town & Country Utilities), Series 2025, RB | 0.006102 | ✓ | | CHATTANOOGA TN HLTH EDUCTNL & REGD B/E 5.25000000 | 0.006026 | | ## Sources - N-PORT (fund A) — accession `0001410368-26-040956` (as of 2026-02-28) - N-PORT (fund B) — accession `0001410368-26-040951` (as of 2026-02-28) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _