DWS Enhanced Commodity Strategy Fund - Class Institutional
SKIRX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 875 Third Avenue New York NY United States of America 10022-6225
- IPO Date
- Feb 15, 2005
- CIK
- 0000862157
- Website
- dws.com
- Similar Companies
- Business
- DWS Enhanced Commodity Strategy Fund - Class Institutional (SKIRX) is an open-end mutual fund that seeks total return through investments in commodity-linked derivative instruments, including swaps, structured notes, futures contracts, and options, backed by a diversified portfolio of fixed-income securities. The fund provides broad exposure to 24 commodities across five primary sectors--energy, agriculture, industrial metals, livestock, and precious metals--with collateral primarily consisting of U.S. Treasury notes, federal agency securities, corporate bonds, asset-backed securities, and cash equivalents; top holdings include United States Treasury Notes (various maturities comprising approximately 37.69% of the portfolio) and Federal Home Loan Banks obligations. Managed by DWS Investment Management Americas Inc., a subsidiary of DWS Group, the fund operates in the commodities broad basket category, targeting institutional investors with a minimum initial investment of $1,000,000, a net expense ratio of 0.85%, and daily pricing in USD. Launched on February 14, 2005, and domiciled in the United States with principal operations available for sale in the U.S., the fund maintains total net assets of approximately $839 million to $941 million as of recent reports, with the institutional share class representing about $733 million. Portfolio management includes lead manager Darwei Kung (since April 2010), Jeff Morton (since July 2022), and Avraham Feinberg (since May 2023), reflecting recent team enhancements to support the fund's active commodity strategy amid volatile markets; asset allocation emphasizes U.S. bonds (75.87%), non-U.S. bonds (12.58%), and cash (9.29%), with sector weights led by government securities (40.05%) and corporate bonds (24.64%). No major acquisitions, funding rounds, partnerships, or structural reorganizations specific to SKIRX have been reported in the last 1-2 years, though DWS Group continues broader expansions in sustainable investing and alternative assets.