Morningstar® Investment Profile™   Morningstar®
Disclosure
  Format
for Print
DWS Global Income Builder VIP A
Release date as of 2024-04-30. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2024-04-30
Out of 351
Global Allocation Funds
Morningstar®
Style Box™
What is this?
As of 2024-03-31
As of ---
Total Fund Assets ($ Mil)
107.94
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks to maximize income while maintaining prospects for capital appreciation.
The fund invests in a broad range of both traditional asset classes (such as equity and fixed income investments) and alternative asset classes (such as real estate, infrastructure, convertibles, commodities, currencies and absolute return strategies). It invests at least 25% of net assets in fixed income senior securities.
  Morningstar Category: Global Allocation
Global-allocation portfolios seek to provide both capital appreciation and income by investing in three major areas: stocks, bonds, and cash. While these portfolios do explore the whole world, most of them focus on the U.S., Canada, Japan, and the larger markets in Europe. It is rare for such portfolios to invest more than 10% of their assets in emerging markets. These portfolios typically have at least 10% of assets in bonds, less than 70% of assets in stocks, and at least 40% of assets in non-U.S. stocks or bonds. 
  Investment Risks
There are no additional fund specific investment risks (e.g. liquidity risk, currency risk, foreign investment risk, etc.) associated with this fund beyond the normal risks generally associated with investing in a mutual fund.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 12.8
Bullet Non-U.S. Stocks Non-U.S. Stocks 6.7
Bullet Bonds Bonds 67.0
Bullet Cash Cash 8.2
Bullet Other Other 5.4
Asset Allocation Rescaled Graph
Data through 2024-03-31
Morningstar Equity Sectors
% of Stocks
Cyclical 36.98
Basic Materials 4.06
Consumer Cyclical 13.21
Financial Services 17.53
Real Estate 2.18
Sensitive 45.34
Communication Services 10.89
Energy 2.51
Industrials 8.80
Technology 23.14
Defensive 17.69
Consumer Defensive 7.20
Healthcare 10.08
Utilities 0.41
Data through 2024-03-31
Morningstar Fixed-Income Sectors
% Fund
Government 42.03
Corporate 28.66
Securitized 22.70
Municipal 0.00
Cash & Equivalents 6.61
Derivative 0.00
Data through 2024-03-31
Credit Analysis
% Bonds
AAA ---
AA ---
A ---
BBB ---
BB ---
B ---
Below B ---
Not Rated ---
Data through ---
Credit Analysis Graph
Holding Status
Total Number of Stock Holdings 75
Total Number of Bond Holdings 203
% of Net Assets in Top 10 Holdings 38.39
Turnover % (as of 2023-12-31) 180.00
30 Day SEC Yield % 4.70
Top Holdings
Sector Country Maturity Date Market Value ($000) % of Net Assets
United States Treasury Notes 4.25% --- USA 2026-01-31 15,126 12.59
United States Treasury Notes 5.4251% --- USA 2025-07-31 8,013 6.67
United States Treasury Notes 0.125% --- USA 2026-04-15 4,394 3.66
Federal National Mortgage Association 7% --- USA 2053-11-25 3,722 3.10
SPDR® Blmbg Em Mkts Lcl Bd ETF --- USA --- 3,129 2.60
United States Treasury Bills 5.321% --- USA 2024-09-05 2,933 2.44
Federal National Mortgage Association 5% --- USA 2054-04-11 2,927 2.44
Federal National Mortgage Association 5.5% --- USA 2054-04-11 2,189 1.82
United States Treasury Notes 5.5451% --- USA 2026-01-31 1,902 1.58
Merck & Co Inc USA --- 1,795 1.49
Data through 2024-03-31
  Principal Risks   
Lending, Credit and Counterparty, Extension, Inflation/Deflation, Inflation-Protected Securities, Prepayment (Call), Currency, Emerging Markets, Foreign Securities, Loss of Money, Not FDIC Insured, Country or Region, High Portfolio Turnover, Interest Rate, Market/Market Volatility, Bank Loans, Commodity, Convertible Securities, Equity Securities, ETF, High-Yield Securities, Industry and Sector Investing, Mortgage-Backed and Asset-Backed Securities, Restricted/Illiquid Securities, Derivatives, Pricing, ETN, Management, Real Estate/REIT Sector
Show Risk Definitions
  Other Information
Inception Date: 1982-04-06
Portfolio Manager(s)
Di Kumble   (2014-03-28)
Managing Director, Senior Portfolio Manager, Head of Tax Managed Equities: New York -Joined the Company in 2003 with 7 years of industry experience. Prior to joining, Di served as a Portfolio Manager at Graham Capital Management. Previously, she worked as a Quantitative Strategist at ITG Inc and Morgan Stanley -PhD in Chemistry from Princeton University; CFA Charterholder
Darwei Kung   (2013-08-01)
Darwei Kung, Managing Director, has joined Deutsche Asset Management in 2006. Previously he has worked as a Director, Engineering and Business Development at Calpoint LLC from 2001-2004. He holds a BS and MS from University of Washington, Seattle; a MS and MBA from Carnegie Mellon University.
Kelly L. Beam   (2023-04-25)
Kelly L. Beam, CFA, is a Vice President of Deutsche Investment Management Americas Inc. She has been Vice President since 2010, Senior Corporate Bond Trader since 2006 and a Fixed Income Portfolio Manager since 2006 for DIMA. Ms. Beam joined Deutsche Investment Management Americas Inc. in 1999. Prior to joining the Credit Sector team, Ms. Beam served in Investment Support for Stable Value, Specialty Fixed Income and Global Insurance. She obtained her MBA degree from Fordham University and her undergraduate degree, Bachelor of Science, from Lehigh University.
Daniel Park   (2023-04-25)
Daniel Park, Portfolio Manager Multi Asset & Solutions. Portfolio Manager of the fund. Began managing the fund in 2023. ◾Joined DWS in 2014. ◾Portfolio Manager - Multi Asset & Solutions. ◾BA in Economics, University of Bonn; MSc in International Business, Maastricht University.
Investment Advisor(s)
DWS Investment Management Americas, Inc.
Issuer
DWS
Subadvisor(s)
---
Show Data Definitions

© Copyright 2024 Morningstar, Inc.
All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or any losses arising from any use of information. Past performance is no guarantee of future performance.
Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.