With the departure of Ashton Goodfield, lead manager and head of the firm’s municipal bond team, more time is needed to see how the leadership change will impact DWS Managed Municipal Bond. It receives a Morningstar Analyst Rating of Neutral for most share classes and a Negative rating for its more expensive C share class.
Will SCMBX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable SCMBX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the SCMBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of SCMBX’s parent organization’s priorities and whether they’re in line with investors’ interests.