# DWS Managed Municipal Bond A (SMLAX)

> Source: Nexqual · https://nexqual.com/SMLAX · data as of 2026-10-24 00:08 UTC · cite as "Nexqual, DWS Managed Municipal Bond A (SMLAX), nexqual.com/SMLAX" · informational, not investment advice.

**Price:** USD 7.64 (+0.26% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 7.62 · day 7.64–7.64 · 52w 7.39–8.1 · market cap null · NAS

## Key facts
- Total return with dividends: 1Y -1.3% vs S&P 500 +13.4%; 5Y -1.0% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | -1.3% | -1.0% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | -1.3% | -0.2% |
| Volatility (annualized) | 4.3% | 6.2% |
| Max drawdown | -7.7% (Jun 2026→Sep 2026) | -16.8% (Dec 2021→Oct 2022) |

## Peers
NOTAX (DWS Strategic High Yield Tax-Fr) USD 10.03 +0.00% · KHYAX (DWS High Income Fund - Class A) USD 4.25 +0.00% · FKTIX (Franklin Federal Tax-Free Incom) USD 10.28 +0.00% · SZMAX (DWS Intermediate Tax-Free Fund ) USD 10.65 +0.00% · FRHIX (Franklin High Yield Tax-Free In) USD 8.5 +0.00%

## More
Full page: https://nexqual.com/SMLAX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt