Issuer to make timely payments of principal and interest. When interest rates rise, bond prices generally fall. ![]() Bond investments are subject to interest-rate, credit, liquidity and market risks to varying degrees. Please read the prospectus carefully before you invest.Īlthough allocation among different asset categories generally limits risk, portfolio management may favor an asset category that underperforms other assets or marketsĪs a whole. The summary prospectus and prospectus contain this and other important information about the Fund. We advise you to consider the Funds objectives, risks,Ĭharges and expenses carefully before investing. To obtain a summary prospectus, if available, or prospectus for any of our funds, refer to the Account Management Resources information provided in the back of this booklet. This report must be preceded or accompanied by a Your election to receive reports in paper will apply to all funds held in your account if you invest through your financial intermediary or all funds held with DWS if you invest directly with the Fund. If you invest directly with the Fund, you can call (800) 728-3337 or send an email request to to continue receiving paper copies If you invest through a financial intermediary, you can contact yourįinancial intermediary to request that you continue to receive paper copies of your shareholder reports. Shareholder reports and other communications from the Fund electronically anytime by contacting your financial intermediary (such as a broker-dealer or bank), or if you are a direct investor, by calling (800) 728-3337 or sending an email request may elect to receive all future reports in paper free of charge. If you already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. Instead, the reports will be made available on the Funds Web site (dws.com), and you will be notified by mail each time a report is posted and provided with a Web site link to access the report. and RREEF America L.L.C., which offer advisory services.2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the Funds annual and semiannual shareholder reports will no longer be sent by mail, unless you specifically request paper copies of the ![]() KGaA and any of its subsidiaries, such as DWS Distributors, Inc., which offers investment products, or DWS Investment Management Americas, Inc. The brand DWS represents DWS Group GmbH & Co. Nothing contained herein is fiduciary or impartial investment advice that is individualized or directed to any plan, plan participant, or IRA owner regarding the advisability of any investment transaction, including any IRA distribution or rollover. Products and services may be provided in various countries by the subsidiaries and joint ventures of DWS. ![]() jurisdictions, is provided for use by professional investors only and not for onward distribution to, or to be relied upon by, retail investors. The information contained on this website is not intended as investment, accounting, tax or legal advice, but to the extent may be deemed to be a financial promotion under non-U.S. The information on this website should not be construed as an offer or solicitation of securities or services or an endorsement thereof in any jurisdiction or in any circumstance that is otherwise unlawful or not authorized. Investors or institutions outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this website. ![]() The DWS Americas website is published in the United States for investors or institutions who are residents of the United States.
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