Morningstar® Investment Profile™   Morningstar®
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DWS Global Income Builder VIP A
Release date as of 2022-05-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
What is this?
As of 2022-05-31
Out of 399
Global Allocation Funds
Style Box™
What is this?
As of 2022-04-30
As of ---
Total Fund Assets ($ Mil)
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 36.1
Bullet Non-U.S. Stocks Non-U.S. Stocks 24.1
Bullet Bonds Bonds 28.3
Bullet Cash Cash 5.5
Bullet Other Other 6.1
Asset Allocation Rescaled Graph
Data through 2022-04-30
Morningstar Equity Sectors
% of Stocks
Cyclical 28.94
Basic Materials 3.67
Consumer Cyclical 7.19
Financial Services 14.86
Real Estate 3.22
Sensitive 46.40
Communication Services 8.98
Energy 7.01
Industrials 9.18
Technology 21.23
Defensive 24.66
Consumer Defensive 9.15
Healthcare 12.15
Utilities 3.36
Data through 2022-04-30
Morningstar Fixed-Income Sectors
% Fund
Government 10.12
Corporate 55.71
Securitized 20.48
Municipal 0.00
Cash & Equivalents 13.69
Other 0.00
Data through 2022-04-30
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 276
Total Number of Bond Holdings 179
% of Net Assets in Top 10 Holdings 14.46
Turnover % (as of 2021-12-31) 104.00
30 Day SEC Yield % 2.80
Top Holdings
Sector Country Maturity Date Market Value ($000) % of Net Assets
SPDR® Blmbg Convert Secs ETF --- USA --- 3,112 2.75
Apple Inc USA --- 2,776 2.45
Microsoft Corp USA --- 2,183 1.93
Altria Group Inc USA --- 1,789 1.58
Enbridge Inc CAN --- 1,458 1.29 Inc USA --- 1,203 1.06
MADISON PARK FUNDING XXVI LTD 2.43886% --- CYM 2030-07-29 1,097 0.97
DB Master Finance LLC 2.791% --- USA 2051-11-20 968 0.85
Japan Tobacco Inc JPN --- 903 0.80
PPL Corp USA --- 887 0.78
Data through 2022-04-30
  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, Municipal Obligations, Leases, and AMT-Subject Bonds, Other, Restricted/Illiquid Securities, Derivatives, Pricing, ETN, Management, Small Cap, Real Estate/REIT Sector
Show Risk Definitions
  Other Information
Inception Date: 1982-04-06
Portfolio Manager(s)
Dokyoung Lee   (2018-12-06)
Mr. Lee joined DWS in 2018 with 24 years of industry experience. Before joining, he co-managed group funds at the global multi-asset group at Oppenheimer Funds. Prior to that, he held a series of research and portfolio management leadership positions at AllianceBernstein in asset allocation and various value equity strategies including emerging markets, Japanese and U.S. equities He earned BS in Electrical Engineering & Computer Science from Princeton University; CFA Charterholder.
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.
Thomas M. Farina   (2019-04-10)
Thomas M. Farina, CFA, is a Managing Director of Deutsche Investment Management Americas Inc. He has been Managing Director since 2011, Head of the Corporate Sector Fixed Income team since 2006 and a Senior Portfolio Manager since 2006 for DIMA. Mr. Farina joined Deutsche Investment Management Americas Inc. in 2006 with 12 years of industry experience. Prior to joining, Mr. Farina held roles at Merrill Lynch Investment Management, Greenwich NatWest and at DnB Asset Management. He began his career as a Ratings Analyst at Standard & Poor’s. He obtained his MA degree and his undergraduate degree, Bachelor of Arts, from the State University of New York at Albany.
Investment Advisor(s)
DWS Investment Management Americas, Inc.
Show Data Definitions

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