DWS Global Income Builder VIP A |
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Release date as of 2024-09-30. Data on page is subject to change. |
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Overall Morningstar Rating™
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What is this?
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As of 2024-09-30 |
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Out of 340 Global Allocation Funds
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Total Fund Assets ($ Mil) |
115.06 |
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Investment Objective & Strategy |
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The investment seeks to maximize income while maintaining prospects for capital appreciation.
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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. |
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Morningstar Category: Global Allocation |
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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.
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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. |
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% of Net Assets |
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U.S. Stocks |
13.4 |
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Non-U.S. Stocks |
9.3 |
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Bonds |
65.3 |
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Cash |
5.8 |
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Other |
6.3 |
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Data through 2024-08-31 |
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Morningstar Equity Sectors |
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% of Stocks |
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Cyclical |
31.75 |
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Basic Materials |
5.61 |
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Consumer Cyclical |
8.39 |
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Financial Services |
16.46 |
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Real Estate |
1.29 |
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Sensitive |
51.16 |
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Communication Services |
7.31 |
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Energy |
6.41 |
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Industrials |
11.60 |
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Technology |
25.84 |
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Defensive |
17.09 |
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Consumer Defensive |
4.57 |
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Healthcare |
11.68 |
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Utilities |
0.84 |
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Data through 2024-08-31 |
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Morningstar Fixed-Income Sectors |
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% Fund |
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Government |
43.42 |
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Corporate |
31.89 |
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Securitized |
20.72 |
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Municipal |
0.00 |
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Cash & Equivalents |
3.93 |
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Derivative |
0.05 |
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% Bonds |
AAA |
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AA |
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A |
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BBB |
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BB |
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B |
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Below B |
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Not Rated |
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Total Number of Stock Holdings |
83 |
Total Number of Bond Holdings |
172 |
% of Net Assets in Top 10 Holdings |
38.45 |
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Turnover % |
(as of 2023-12-31) |
180.00 |
30 Day SEC Yield % |
4.00 |
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Sector |
Country |
Maturity Date |
Market Value ($000) |
% of Net Assets |
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United States Treasury Notes 5.2892% |
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USA |
2026-01-31 |
13,069 |
11.22 |
United States Treasury Notes 0.125% |
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USA |
2026-07-15 |
8,818 |
7.57 |
United States Treasury Notes 5.1942% |
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USA |
2026-04-30 |
7,789 |
6.69 |
Federal National Mortgage Association 7% |
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USA |
2053-11-25 |
3,292 |
2.83 |
United States Treasury Bills 4.5128% |
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USA |
2025-03-20 |
3,124 |
2.68 |
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Federal National Mortgage Association 5.5% |
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USA |
2054-09-15 |
2,215 |
1.90 |
iShares MSCI Emerging Markets ETF |
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USA |
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2,182 |
1.87 |
Government National Mortgage Association 5% |
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USA |
2054-03-20 |
1,717 |
1.47 |
Merck & Co Inc |
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USA |
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1,315 |
1.13 |
Msci World Index |
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DEU |
2024-09-20 |
1,268 |
1.09 |
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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 |
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Show Risk Definitions |
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Inception Date: 1982-04-06 |
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Di Kumble (2014-03-28) |
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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 |
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Darwei Kung (2013-08-01) |
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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. |
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Kelly L. Beam (2023-04-25) |
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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. |
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Daniel Park (2023-04-25) |
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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. |
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DWS Investment Management Americas, Inc. |
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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.
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