SRMAX
DWS Short-Term Municipal Bond Fund
DEUTSCHE DWS MUNICIPAL TRUST

Average annual returns

Through 2025
1 year
3.54%
3 year
3.46%
5 year
1.45%
10 year
1.52%

Standardized average annual total returns (before tax), from calendar-year returns; recent years derived from N-PORT monthly data.

Calendar-year returns

Risk statistics

78 months through Jan. 31, 2026
Volatility (ann.)
1.76%
Sharpe
1.84
Sortino
4.46
Max drawdown
-5.29%
Best month
1.78%
Worst month
-1.75%

Derived from N-PORT monthly total returns; distinct from the prospectus returns above.

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