-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, RPYqyoUbxFPTddvCOnfEFE9JVEM3UStzPwaZgOwMaqMGinZwAHIFsjk9nJ1sULYw SfjqBdVdzgJyHaeukWrkIw== 0000088053-09-000651.txt : 20090626 0000088053-09-000651.hdr.sgml : 20090626 20090626150823 ACCESSION NUMBER: 0000088053-09-000651 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090430 FILED AS OF DATE: 20090626 DATE AS OF CHANGE: 20090626 EFFECTIVENESS DATE: 20090626 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS INVESTMENT TRUST CENTRAL INDEX KEY: 0000088064 IRS NUMBER: 042212654 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-00043 FILM NUMBER: 09912646 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 BUSINESS PHONE: 212-454-6778 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 FORMER COMPANY: FORMER CONFORMED NAME: INVESTMENT TRUST DATE OF NAME CHANGE: 19980529 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER INVESTMENT TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER GROWTH & INCOME FUND DATE OF NAME CHANGE: 19910402 0000088064 S000005707 DWS Large Company Growth Fund C000015684 Class A SGGAX C000015686 Class B SGGBX C000015687 Class C SGGCX C000015689 Class S SCQGX C000015690 Institutional Class SGGIX N-Q 1 nq043009inv_lcg.htm DWS LARGE COMPANY GROWTH FUND

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

_______________________________

Investment Company Act file number 811-43

DWS Investment Trust

(Exact name of registrant as specified in charter)

 

345 Park Avenue

New York, NY 10154

(Address of principal executive offices)             (Zip code)

 

Paul Schubert

345 Park Avenue

New York, NY 10154-0004

(Name and address of agent for service)

Registrant's telephone number, including area code: (212) 454-7190

Date of fiscal year end: 07/31

Date of reporting period: 4/30/09

 

ITEM 1. SCHEDULE OF INVESTMENTS

 

Investment Portfolio

as of April 30, 2009 (Unaudited)

 

 

DWS Large Company Growth Fund

 

 

Shares

 

Value ($)

 

 

Common Stocks 97.5%

 

Consumer Discretionary 5.6%

 

Hotels Restaurants & Leisure 1.3%

 

McDonald's Corp.

 

44,900

 

2,392,721

 

Multiline Retail 1.8%

 

Kohl's Corp.* (a)

 

68,801

 

3,120,125

 

Textiles, Apparel & Luxury Goods 2.5%

 

NIKE, Inc. "B"

 

85,900

 

4,507,173

 

Consumer Staples 10.3%

 

Beverages 3.5%

 

PepsiCo, Inc.

 

123,940

 

6,167,255

 

 

 

Food & Staples Retailing 3.7%

 

Sysco Corp.

 

107,900

 

2,517,307

 

Wal-Mart Stores, Inc. (a)

 

82,800

 

4,173,120

 

 

6,690,427

 

Household Products 3.1%

 

Colgate-Palmolive Co.

 

43,650

 

2,575,350

 

Energizer Holdings, Inc.*

 

52,300

 

2,996,790

 

 

5,572,140

 

Energy 10.5%

 

Energy Equipment & Services 3.8%

 

Cameron International Corp.*

 

95,500

 

2,442,890

 

Schlumberger Ltd. (a)

 

39,200

 

1,920,408

 

Transocean Ltd.*

 

35,757

 

2,412,882

 

 

6,776,180

 

Oil, Gas & Consumable Fuels 6.7%

 

EOG Resources, Inc.

 

69,500

 

4,411,860

 

ExxonMobil Corp.

 

49,200

 

3,280,164

 

Occidental Petroleum Corp.

 

78,600

 

4,424,394

 

 

12,116,418

 

Financials 3.3%

 

Capital Markets 2.6%

 

Charles Schwab Corp.

 

73,000

 

1,349,040

 

T. Rowe Price Group, Inc. (a)

 

83,400

 

3,212,568

 

 

4,561,608

 

Diversified Financial Services 0.7%

 

CME Group, Inc.

 

5,953

 

1,317,697

 

Health Care 13.8%

 

Biotechnology 7.1%

 

Celgene Corp.* (a)

 

164,000

 

7,006,080

 

Gilead Sciences, Inc.* (a)

 

124,400

 

5,697,520

 

 

12,703,600

 

Health Care Equipment & Supplies 3.3%

 

Baxter International, Inc.

 

33,300

 

1,615,050

 

Edwards Lifesciences Corp.*

 

36,200

 

2,294,356

 

Medtronic, Inc.

 

62,000

 

1,984,000

 

 

5,893,406

 

Pharmaceuticals 3.4%

 

Abbott Laboratories

 

75,400

 

3,155,490

 

Johnson & Johnson (a)

 

55,206

 

2,890,586

 

 

6,046,076

 

Industrials 12.8%

 

Aerospace & Defense 4.8%

 

Lockheed Martin Corp.

 

38,100

 

2,991,993

 

Rockwell Collins, Inc.

 

77,800

 

2,983,630

 

United Technologies Corp.

 

53,400

 

2,608,056

 

 

8,583,679

 

Commercial Services & Supplies 1.3%

 

Stericycle, Inc.*

 

48,100

 

2,264,548

 

Electrical Equipment 2.7%

 

AMETEK, Inc.

 

150,000

 

4,831,500

 

 

 

Machinery 1.0%

 

Parker Hannifin Corp.

 

40,600

 

1,841,210

 

Road & Rail 3.0%

 

Burlington Northern Santa Fe Corp.

 

49,600

 

3,347,008

 

Norfolk Southern Corp.

 

59,100

 

2,108,688

 

 

5,455,696

 

Information Technology 30.7%

 

Communications Equipment 10.1%

 

Cisco Systems, Inc.* (a)

 

305,390

 

5,900,135

 

QUALCOMM, Inc. (a)

 

171,900

 

7,274,808

 

Research In Motion Ltd.*

 

69,900

 

4,858,050

 

 

18,032,993

 

Computers & Peripherals 7.1%

 

Apple, Inc.*

 

51,400

 

6,467,662

 

EMC Corp.* (a)

 

228,100

 

2,858,093

 

International Business Machines Corp.

 

32,900

 

3,395,609

 

 

12,721,364

 

Internet Software & Services 0.5%

 

Google, Inc. "A"*

 

2,300

 

910,731

 

IT Services 1.9%

 

Accenture Ltd. "A" (a)

 

117,000

 

3,443,310

 

Semiconductors & Semiconductor Equipment 5.7%

 

Broadcom Corp. "A"* (a)

 

220,100

 

5,104,119

 

Intel Corp.

 

232,860

 

3,674,531

 

NVIDIA Corp.* (a)

 

123,000

 

1,412,040

 

 

10,190,690

 

Software 5.4%

 

Adobe Systems, Inc.* (a)

 

91,900

 

2,513,465

 

Microsoft Corp.

 

108,400

 

2,196,184

 

Oracle Corp.

 

259,200

 

5,012,928

 

 

9,722,577

 

Materials 7.8%

 

Chemicals 6.2%

 

Ecolab, Inc.

 

89,700

 

3,457,935

 

Monsanto Co.

 

69,400

 

5,891,366

 

The Mosaic Co.

 

44,300

 

1,791,935

 

 

11,141,236

 

Metals & Mining 1.6%

 

Barrick Gold Corp.

 

94,600

 

2,750,876

 

Telecommunication Services 2.7%

 

Diversified Telecommunication Services 1.0%

 

AT&T, Inc.

 

68,700

 

1,760,094

 

Wireless Telecommunication Services 1.7%

 

American Tower Corp. "A"* (a)

 

95,600

 

3,036,256

 

Total Common Stocks (Cost $150,200,132)

 

174,551,586

 

 

Securities Lending Collateral 27.0%

 

Daily Assets Fund Institutional, 0.66% (b) (c)
(Cost $48,254,050)

 

 

48,254,050

 

48,254,050

 

 

 

 

Cash Equivalents 2.6%

 

Cash Management QP Trust, 0.46% (b)
(Cost $4,671,101)

 

 

4,671,101

 

4,671,101

 

 

% of
Net Assets

 

Value ($)

 

Total Investment Portfolio (Cost $203,125,283) †

127.1

 

227,476,737

 

Other Assets and Liabilities, Net

(27.1)

 

(48,572,056)

 

Net Assets

100.0

 

178,904,681

 

For information on the Fund's policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.

 

*

Non-income producing security.

 

The cost for federal income tax purposes was $204,209,987. At April 30, 2009, net unrealized appreciation for all securities based on tax cost was $23,266,750. This consisted of aggregate gross unrealized appreciation for all securities in which there was an excess of value over tax cost of $34,856,078 and aggregate gross unrealized depreciation for all securities in which there was an excess of tax cost over value of $11,589,328.

 

(a)

All or a portion of these securities were on loan. The value of all securities loaned at April 30, 2009 amounted to $46,704,787, which is 26.1% of net assets.

 

(b)

Affiliated fund managed by Deutsche Investment Management Americas Inc. The rate shown is the annualized seven-day yield at period end.

 

(c)

Represents collateral held in connection with securities lending. Income earned by the Fund is net of borrower rebates.

 

 

Fair Value Measurements

 

Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157, “Fair Value Measurements," establishes a three-tier hierarchy for measuring fair value and requires additional disclosure about the classification of fair value measurements.

Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in three broad levels. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, and credit risk). Level 3 includes significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments). The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The following is a summary of the inputs used as of April 30, 2009 in valuing the Fund's investments:

 

Valuation Inputs

Investments in Securities

Level 1

$ 220,054,760

Level 2

7,421,977

Level 3

-

Total

$ 227,476,737

 

 

ITEM 2.

CONTROLS AND PROCEDURES

 

 

 

(a)          The Chief Executive and Financial Officers concluded that the Registrant’s Disclosure Controls and Procedures are effective based on the evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report.

 

 

 

(b)         There have been no changes in the registrant’s internal control over financial reporting that occurred during the registrant’s last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal controls over financial reporting.

 

 

 

 

ITEM 3.

EXHIBITS

 

 

 

Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT.

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

Registrant:

DWS Large Company Growth Fund, a series of DWS Investment Trust

 

By:

/s/Michael G. Clark

 

Michael G. Clark

President

 

Date:

June 19, 2009

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

Registrant:

DWS Large Company Growth Fund, a series of DWS Investment Trust

 

By:

/s/Michael G. Clark

 

Michael G. Clark

President

 

Date:

June 19, 2009

 

 

By:

/s/Paul Schubert

 

Paul Schubert

Chief Financial Officer and Treasurer

 

Date:                                        June 19, 2009

 

 

EX-99.CERT 2 ex99cert.htm CERTIFICATIONS

CERTIFICATIONS

I, Michael G. Clark, certify that:

 

1.

I have reviewed this report on Form N-Q of DWS Large Company Growth Fund, a series of DWS Investment Trust;

 

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.

Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

 

4.

The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

(a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

(c)

Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

 

(d)

Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

 

5.

The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

 

(a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

 

(b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

 

Registrant:

DWS Large Company Growth Fund, a series of DWS Investment Trust

 

By:

/s/Michael G. Clark

 

Michael G. Clark

President

 

Date:

June 19, 2009

CERTIFICATIONS

I, Paul Schubert, certify that:

 

1.

I have reviewed this report on Form N-Q of DWS Large Company Growth Fund, a series of DWS Investment Trust;

 

2.

Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

 

3.

Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

 

4.

The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

 

(a)

Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

 

(b)

Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

 

(c)

Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report, based on such evaluation; and

 

(d)

Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

 

5.

The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

 

(a)

All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

 

(b)

Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

 

Registrant:

DWS Large Company Growth Fund, a series of DWS Investment Trust

 

By:

/s/Paul Schubert

 

Paul Schubert

Chief Financial Officer and Treasurer

 

Date:

June 19, 2009

 

 

 

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