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Dws Floating Rate Fund - Class A (DFRAX)

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7.58 0.00    0%
07/10 - Delayed Data. Currency in USD ( Disclaimer )
  • Morningstar Rating:
  • Total Assets: 52.68M
Type:  Fund
Market:  United States
Issuer:  Deutsche Asset Management
Asset Class:  Other
Deutsche Floating Rate A 7.58 0.00 0%

DFRAX Overview

 
On this page you'll find an in-depth profile of Dws Floating Rate Fund - Class A. Learn about the key management, total assets, investment strategy and contact information of DFRAX among other information.
Category

Bank Loan

Total Assets

52.68M

Expenses

0.99%

Inception Date

39262

Investment Strategy

The investment seeks to provide high current income. 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. 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.

Contact Information

Address 210 West 10th Street
Kansas City,MO 64105-1614
United States
Phone -
Web dws.com

Top Executives

Name Title Since Until
Nick Soroka Portfolio Manager 2023 Now
Biography Nick Soroka, Portfolio Manager & Senior Research Analyst Fixed Income. Portfolio Manager of the fund. Began managing the fund in 2023. Joined DWS in 2019 with over a year of industry experience. Prior to joining, he was a quantamental analyst at Ascend Capital. Prior to Ascend he worked at SpendVest, a fintech investing startup. Previously, he was an engineer in the U.S. Army.
Kirk Maurer Portfolio Manager 2023 Now
Biography Kirk Maurer, CFA, Portfolio Manager & Senior Research Analyst Fixed Income. Portfolio Manager of the fund. Began managing the fund in 2023. ◾Joined DWS in 2014 with 19 years of industry experience. Prior to joining, he was a director in portfolio management and research at Babson Capital Management. Previously, he served in portfolio management and as co-director of research at Caywood-Scholl Capital Management. Prior to that, he was a high yield research analyst at Waddell and Reed. He started his career as an analyst at Conseco Capital Management. ◾Portfolio Manager and Senior Research Analyst – Fixed Income: Jacksonville, FL. ◾BBA in Economics from Southern Illinois University.
Sarah Rowin - 2023 Now
Thomas R. Bouchard Portfolio Manager 2019 Now
Biography THOMAS R. BOUCHARD, Director, vice president and Portfolio Manager, Joined Deutsche Asset Management in 2006 with 6 years of industry experience. Prior to joining, served as a High Yield Investment Analyst at Flagship Capital Management. He also served as an officer in the US Army from 1989 to 1997. BS, University of Wisconsin - Madison; MBA in Finance, Boston College; MA in Strategic Studies from US Army War College.
Gary Russell Head 2017 Now
Biography Gary Russell, CFA, Managing Director and Portfolio Manager. · Joined Deutsche Asset & Wealth Management in 1996. Served as the head of the High Yield group in Europe and as an Emerging Markets portfolio manager. · Prior to that, four years at Citicorp as a research analyst and structurer of collateralized mortgage obligations. Prior to Citicorp, served as an officer in the US Army from 1988 to 1991. ·BS, United States Military Academy (West Point); MBA, New York University, Stern School of Business.
Lonnie Fox Director 2019 2023
Biography Lonnie Fox, Director. Portfolio Manager, joined DWS in 2004 with one year of industry experience. Prior to his current role, he worked as a high yield credit analyst. Prior to joining, he served as a business analyst at Deloitte Consulting. BS in Applied Economics and Management, Cornell University; MBA in Finance and Strategy, New York University, Stern School of Business.
Mark L. Rigazio Portfolio Manager 2016 2019
Biography Mark L. Rigazio, CPA, Director and Portfolio Manager, rejoined DWS Investment Management Americas, Inc. in 2007. Prior to rejoining, he served as an Investment Analyst at Fidelity Management & Research Company. Previously, he was a High Yield Analyst at Deutsche Asset Management and at Flagship Capital. Earlier, he held various banking, finance and accounting roles at Banc of America Securities, Art Technology Group, PricewaterhouseCoopers and Tonneson & Company CPAs. Portfolio Manager for Leveraged Loans: Boston. Mark holds BS and MBA from Bentley University.
James T. Anderson Managing Director 2007 2017
Biography JAMES T. ANDERSON, MANAGING DIRECTOR. Joined Deutsche Asset & Wealth Management in 2006 after 25 years of experience in the corporate and leveraged credit markets. Prior to his current role, he served as the CIO for DB Advisors in the Americas and as the Global Head and CIO of High Yield Strategies. Prior to joining, he worked as Head of Flagship Capital Management, a subsidiary of Bank of America, as a specialty asset manager focused on below-investment grade corporate credit investments. Co-Head of Active Asset Management and Member of the Deutsche Asset & Wealth Management Global Client Group Executive Committee and the Asset Management CIO Executive Committee: New York. AB from Dartmouth College.
Eric S. Meyer Head 2007 2016
Biography Head of US Loan Portfolio Management, High Yield Strategies: New York. Joined the Deutsche Asset & Wealth Management in 2006 after 16 years of experience in positions of increasing responsibility in corporate banking with First Chicago, Credit Agricole, and most recently, Bank of America's subsidiary, Flagship Capital Management. Prior to his corporate banking experience, he worked in trust management operations for 10 years at First Chicago and EF Hutton. BA from State University of New York, Albany; MBA from Pace University.
Thomas Picciochi Head of Multi-Asset Portfolio Management 2007 2011
Biography Tom Picciochi, CAIA Head of Multi-Asset Portfolio Management • Responsible for Multi-Asset portfolio management. • Formerly senior portfolio manager for Deutsche Asset Management’s Quantitative Strategies group, and member of the Global Tactical Asset Allocation Investment Oversight Committee and portfolio manager for Absolute Return Strategies from 1999 to 2010. Prior to joining Deutsche Asset Management, he held various research and analysis positions at State Street Global Advisors, FPL Energy, Barnett Bank, Trade Finance Corporation and Reserve Financial Management over a 13 year period. • Education: BA from University of Miami; MBA from University of Miami.
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