0000088053-20-000550.txt : 20200423 0000088053-20-000550.hdr.sgml : 20200423 20200423104745 ACCESSION NUMBER: 0000088053-20-000550 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 15 FILED AS OF DATE: 20200423 DATE AS OF CHANGE: 20200423 EFFECTIVENESS DATE: 20200423 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CASH ACCOUNT TRUST CENTRAL INDEX KEY: 0000858372 IRS NUMBER: 371259201 STATE OF INCORPORATION: MA FISCAL YEAR END: 0430 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-32476 FILM NUMBER: 20809782 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 BUSINESS PHONE: 212-454-4500 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE DWS PORTFOLIO TRUST CENTRAL INDEX KEY: 0000088063 IRS NUMBER: 046013018 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-13627 FILM NUMBER: 20809775 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 BUSINESS PHONE: 212-454-4500 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE PORTFOLIO TRUST DATE OF NAME CHANGE: 20140811 FORMER COMPANY: FORMER CONFORMED NAME: DWS PORTFOLIO TRUST DATE OF NAME CHANGE: 20060207 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER PORTFOLIO TRUST/ DATE OF NAME CHANGE: 19930305 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE DWS INVESTMENT TRUST CENTRAL INDEX KEY: 0000088064 IRS NUMBER: 042212654 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-13628 FILM NUMBER: 20809769 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 BUSINESS PHONE: 212-454-4500 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE INVESTMENT TRUST DATE OF NAME CHANGE: 20140811 FORMER COMPANY: FORMER CONFORMED NAME: DWS INVESTMENT TRUST DATE OF NAME CHANGE: 20060207 FORMER COMPANY: FORMER CONFORMED NAME: INVESTMENT TRUST DATE OF NAME CHANGE: 19980529 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE DWS INTERNATIONAL FUND, INC. CENTRAL INDEX KEY: 0000088053 IRS NUMBER: 132827803 FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-14400 FILM NUMBER: 20809768 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 BUSINESS PHONE: 212-454-4500 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE INTERNATIONAL FUND, INC. DATE OF NAME CHANGE: 20140811 FORMER COMPANY: FORMER CONFORMED NAME: DWS INTERNATIONAL FUND, INC. DATE OF NAME CHANGE: 20060207 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER INTERNATIONAL FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE DWS MARKET TRUST CENTRAL INDEX KEY: 0000095603 IRS NUMBER: 366103490 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-21789 FILM NUMBER: 20809771 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 BUSINESS PHONE: 212-250-2500 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE MARKET TRUST DATE OF NAME CHANGE: 20140811 FORMER COMPANY: FORMER CONFORMED NAME: DWS MARKET TRUST DATE OF NAME CHANGE: 20110203 FORMER COMPANY: FORMER CONFORMED NAME: DWS BALANCED FUND DATE OF NAME CHANGE: 20060207 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE DWS SECURITIES TRUST CENTRAL INDEX KEY: 0000088048 IRS NUMBER: 132661231 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-36238 FILM NUMBER: 20809776 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 BUSINESS PHONE: 212-454-4500 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE SECURITIES TRUST DATE OF NAME CHANGE: 20140811 FORMER COMPANY: FORMER CONFORMED NAME: DWS SECURITIES TRUST DATE OF NAME CHANGE: 20060207 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER SECURITIES TRUST DATE OF NAME CHANGE: 19950908 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE DWS MONEY FUNDS CENTRAL INDEX KEY: 0000055189 IRS NUMBER: 362809723 STATE OF INCORPORATION: MA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-51992 FILM NUMBER: 20809772 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 BUSINESS PHONE: 212-454-4500 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE MONEY FUNDS DATE OF NAME CHANGE: 20140811 FORMER COMPANY: FORMER CONFORMED NAME: DWS MONEY FUNDS DATE OF NAME CHANGE: 20060207 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER MONEY FUNDS DATE OF NAME CHANGE: 20020410 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE DWS MUNICIPAL TRUST CENTRAL INDEX KEY: 0000203142 IRS NUMBER: 046396607 STATE OF INCORPORATION: MA FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-57139 FILM NUMBER: 20809774 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 BUSINESS PHONE: 212-454-4500 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE MUNICIPAL TRUST DATE OF NAME CHANGE: 20140811 FORMER COMPANY: FORMER CONFORMED NAME: DWS MUNICIPAL TRUST DATE OF NAME CHANGE: 20060207 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER MUNICIPAL TRUST DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE DWS MONEY MARKET TRUST CENTRAL INDEX KEY: 0000703642 IRS NUMBER: 133120601 STATE OF INCORPORATION: MA FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-78122 FILM NUMBER: 20809773 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 BUSINESS PHONE: 212-454-4500 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE MONEY MARKET TRUST DATE OF NAME CHANGE: 20160504 FORMER COMPANY: FORMER CONFORMED NAME: DWS MONEY MARKET TRUST DATE OF NAME CHANGE: 20140811 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE MONEY MARKET TRUST DATE OF NAME CHANGE: 20140811 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE DWS TAX FREE TRUST CENTRAL INDEX KEY: 0000711600 IRS NUMBER: 042782118 STATE OF INCORPORATION: MA FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-81105 FILM NUMBER: 20809778 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 BUSINESS PHONE: 212-454-4500 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE TAX FREE TRUST DATE OF NAME CHANGE: 20140811 FORMER COMPANY: FORMER CONFORMED NAME: DWS TAX FREE TRUST DATE OF NAME CHANGE: 20060207 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER TAX FREE TRUST DATE OF NAME CHANGE: 19930909 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE DWS STATE TAX-FREE INCOME SERIES CENTRAL INDEX KEY: 0000714287 IRS NUMBER: 363221104 STATE OF INCORPORATION: MA FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-81549 FILM NUMBER: 20809777 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 BUSINESS PHONE: 212-454-4500 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE STATE TAX-FREE INCOME SERIES DATE OF NAME CHANGE: 20140811 FORMER COMPANY: FORMER CONFORMED NAME: DWS STATE TAX-FREE INCOME SERIES DATE OF NAME CHANGE: 20060207 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER STATE TAX-FREE INCOME SERIES DATE OF NAME CHANGE: 20010625 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE DWS INCOME TRUST CENTRAL INDEX KEY: 0000747677 IRS NUMBER: 000000000 FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-91577 FILM NUMBER: 20809766 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 BUSINESS PHONE: 212-454-4500 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE INCOME TRUST DATE OF NAME CHANGE: 20140811 FORMER COMPANY: FORMER CONFORMED NAME: DWS INCOME TRUST DATE OF NAME CHANGE: 20060207 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER INCOME TRUST DATE OF NAME CHANGE: 20000616 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE DWS VARIABLE SERIES I CENTRAL INDEX KEY: 0000764797 IRS NUMBER: 000000000 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-96461 FILM NUMBER: 20809779 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 BUSINESS PHONE: 212-454-4500 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE VARIABLE SERIES I DATE OF NAME CHANGE: 20140811 FORMER COMPANY: FORMER CONFORMED NAME: DWS VARIABLE SERIES I DATE OF NAME CHANGE: 20060207 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER VARIABLE SERIES I DATE OF NAME CHANGE: 20010501 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE DWS GLOBAL/INTERNATIONAL FUND, INC. CENTRAL INDEX KEY: 0000793597 IRS NUMBER: 000000000 FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-05724 FILM NUMBER: 20809765 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 BUSINESS PHONE: 212-454-4500 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE GLOBAL/INTERNATIONAL FUND, INC. DATE OF NAME CHANGE: 20140811 FORMER COMPANY: FORMER CONFORMED NAME: DWS GLOBAL/INTERNATIONAL FUND, INC. DATE OF NAME CHANGE: 20060207 FORMER COMPANY: FORMER CONFORMED NAME: GLOBAL/INTERNATIONAL FUND INC DATE OF NAME CHANGE: 19980605 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE DWS VARIABLE SERIES II CENTRAL INDEX KEY: 0000810573 IRS NUMBER: 810105002 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-11802 FILM NUMBER: 20809780 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 BUSINESS PHONE: 212-454-4500 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE VARIABLE SERIES II DATE OF NAME CHANGE: 20140811 FORMER COMPANY: FORMER CONFORMED NAME: DWS VARIABLE SERIES II DATE OF NAME CHANGE: 20060303 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER VARIABLE SERIES II DATE OF NAME CHANGE: 20010501 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE DWS INSTITUTIONAL FUNDS CENTRAL INDEX KEY: 0000862157 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-34079 FILM NUMBER: 20809767 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 BUSINESS PHONE: 212-454-4500 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE INSTITUTIONAL FUNDS DATE OF NAME CHANGE: 20140811 FORMER COMPANY: FORMER CONFORMED NAME: DWS INSTITUTIONAL FUNDS DATE OF NAME CHANGE: 20060206 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER INSTITUTIONAL FUNDS DATE OF NAME CHANGE: 20030519 FILER: COMPANY DATA: COMPANY CONFORMED NAME: INVESTORS CASH TRUST CENTRAL INDEX KEY: 0000863209 IRS NUMBER: 363708479 STATE OF INCORPORATION: MA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-34645 FILM NUMBER: 20809781 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 BUSINESS PHONE: 212-454-4500 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE DWS ASSET ALLOCATION TRUST CENTRAL INDEX KEY: 0000926425 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-86070 FILM NUMBER: 20809764 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 BUSINESS PHONE: 212-454-4500 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE ASSET ALLOCATION TRUST DATE OF NAME CHANGE: 20151019 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE TARGET DATE SERIES DATE OF NAME CHANGE: 20140811 FORMER COMPANY: FORMER CONFORMED NAME: DWS TARGET DATE SERIES DATE OF NAME CHANGE: 20071101 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DEUTSCHE DWS INVESTMENTS VIT FUNDS CENTRAL INDEX KEY: 0001006373 IRS NUMBER: 000000000 STATE OF 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C000177614 Class T SZGTX 0000793597 S000005468 DWS Global Small Cap Fund C000014885 Class A KGDAX C000014888 Class C KGDCX C000014889 Class S SGSCX C000070263 Institutional Class KGDIX C000148173 Class R6 KGDZX C000177615 Class T KGDTX 0000793597 S000005469 DWS International Growth Fund C000014890 Class A SGQAX C000014893 Class C SGQCX C000014894 Class R SGQRX C000014895 Class S SCOBX C000070264 Institutional Class SGQIX C000172346 Class R6 SGQTX C000186443 Class T SCQUX 0000793597 S000022444 DWS RREEF Global Infrastructure Fund C000064595 Class A TOLLX C000064596 Class C TOLCX C000064597 Class S TOLSX C000064598 Institutional Class TOLIX C000148174 Class R6 TOLZX C000188507 Class T TOLTX 0000793597 S000047216 DWS ESG International Core Equity Fund C000147952 Class A DURAX C000147953 Class C DURCX C000147954 Class S DURSX C000147955 Institutional Class DURIX C000186444 Class T DURTX 0000810573 S000006254 DWS Global Equity VIP C000017202 Class A 0000810573 S000006255 DWS CROCI U.S. VIP C000017204 Class A C000017205 Class B 0000810573 S000006258 DWS Government Money Market VIP C000017210 Class A 0000810573 S000006260 DWS Small Mid Cap Growth VIP C000017214 Class A 0000810573 S000006265 DWS Global Income Builder VIP C000017223 Class A C000017224 Class B 0000810573 S000006269 DWS Small Mid Cap Value VIP C000017231 Class A C000017232 Class B 0000810573 S000006276 DWS International Growth VIP C000017245 Class A C000017246 Class B 0000810573 S000006280 DWS High Income VIP C000017251 Class A C000017252 Class B 0000810573 S000023653 DWS Alternative Asset Allocation VIP C000069664 Class A C000077948 Class B 0000858372 S000006301 DWS Government & Agency Securities Portfolio C000017334 Service Shares CAGXX C000035155 DWS Government & Agency Money Fund DTGXX C000035156 DWS Government Cash Institutional Shares DBBXX C000035157 Government Cash Managed Shares DCMXX 0000858372 S000006303 DWS Tax-Exempt Portfolio C000017348 DWS Tax-Exempt Cash Premier Shares SCIXX C000017349 Service Shares CHSXX C000017350 Tax-Exempt Cash Managed Shares TXMXX C000035158 DWS Tax-Exempt Money Fund DTBXX C000035159 DWS Tax-Free Money Fund Class S DTCXX C000035160 Tax-Free Investment Class DTDXX 0000862157 S000005959 DWS Equity 500 Index Fund C000016413 Class S BTIEX C000016414 Institutional Class BTIIX C000188490 Class R6 BTIRX C000188491 Class T BTITX 0000862157 S000032010 DWS S&P 500 Index Fund C000099641 Class A SXPAX C000099643 Class C SXPCX C000099644 Class S SCPIX C000188496 Class R6 SXPRX C000188497 Class T SXPTX 0000863209 S000006308 DWS Treasury Portfolio C000017365 Institutional Shares ICTXX C000035153 DWS U.S. Treasury Money Fund Class S IUSXX C000035154 Investment Class Shares ITVXX C000166151 Capital Shares ICGXX 0000863209 S000026922 DWS ESG Liquidity Fund C000081110 Capital Shares ESIXX C000134585 Institutional Shares ESGXX C000206739 Institutional Reserved Shares ESRXX 0000926425 S000006098 DWS Multi-Asset Moderate Allocation Fund C000016756 Class A PLUSX C000016758 Class C PLSCX C000016759 Class S PPLSX C000186445 Class T PLUTX 0000926425 S000006099 DWS Multi-Asset Growth Allocation Fund C000016760 Class A SUPAX C000016763 Class C SUPCX C000016764 Class S SPGRX C000186446 Class T SUPTX 0000926425 S000006100 DWS Multi-Asset Conservative Allocation Fund C000016765 Class A SPDAX C000016768 Class C SPDCX C000016769 Class S SPBAX C000186447 Class T SPDTX 0001006373 S000006221 DWS Equity 500 Index VIP C000017151 Class A C000017152 Class B C000019285 Class B2 0001006373 S000006223 DWS Small Cap Index VIP C000017156 Class A C000017157 Class B 497 1 xsp_prostkr20-10.htm MEGA PROSPECTUS STICKER MULTIPLE REGISTRANTS

RULE 497 DOCUMENT

 

Pursuant to Rule 497(e) under the Securities Act of 1933, as amended (the “Securities Act”), the purpose of this filing is to submit an interactive data file in the manner provided by Rule 405 of Regulation S-T and General Instruction C.3.(g) of Form N-1A on behalf of the Funds listed below. The interactive data file included as an exhibit to this filing relates to the supplement filed with the Securities and Exchange Commission on behalf of the Funds listed below pursuant to Rule 497(e) under the Securities Act on April 15, 2020; such supplement (accession number 0000088053-20-000420) is incorporated by reference into this Rule 497 Document.

 

CASH ACCOUNT TRUST

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

 

DEUTSCHE DWS ASSET ALLOCATION TRUST

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

 

DEUTSCHE DWS GLOBAL/INTERNATIONAL FUND, INC.

DWS Emerging Markets Fixed Income Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS Global Small Cap Fund

DWS International Growth Fund

DWS RREEF Global Infrastructure Fund

 

DEUTSCHE DWS INCOME TRUST

DWS Global High Income Fund

DWS GNMA Fund

DWS High Income Fund

DWS Short Duration Fund

 

DEUTSCHE DWS INSTITUTIONAL FUNDS

DWS Equity 500 Index Fund

DWS S&P 500 Index Fund

 

DEUTSCHE DWS INTERNATIONAL FUND, INC.

DWS CROCI® International Fund

DWS Emerging Markets Equity Fund

DWS Global Macro Fund

DWS Latin America Equity Fund

 

DEUTSCHE DWS INVESTMENT TRUST

DWS Capital Growth Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® U.S. Fund

DWS Large Cap Focus Growth Fund

DWS ESG Core Equity Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

 
 

 

DEUTSCHE DWS INVESTMENTS VIT FUNDS

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

 

DEUTSCHE DWS MARKET TRUST

DWS Global Income Builder Fund

DWS RREEF Real Assets Fund

 

DEUTSCHE DWS MONEY FUNDS

DWS Money Market Prime Series

 

DEUTSCHE DWS MONEY MARKET TRUST

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

 

DEUTSCHE DWS MUNICIPAL TRUST

DWS Managed Municipal Bond Fund

DWS Short-Term Municipal Bond Fund

DWS Strategic High Yield Tax-Free Fund

 

DEUTSCHE DWS PORTFOLIO TRUST

DWS Floating Rate Fund

DWS Total Return Bond Fund

 

DEUTSCHE DWS SECURITIES TRUST

DWS Communications Fund

DWS Enhanced Commodity Strategy Fund

DWS Health and Wellness Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Estate Securities Fund

DWS Science and Technology Fund

 

DEUTSCHE DWS STATE TAX-FREE INCOME SERIES

DWS California Tax-Free Income Fund

DWS Massachusetts Tax-Free Fund

DWS New York Tax-Free Income Fund

 

DEUTSCHE DWS TAX FREE TRUST

DWS Intermediate Tax-Free Fund

 

DEUTSCHE DWS VARIABLE SERIES I

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

 

DEUTSCHE DWS VARIABLE SERIES II

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

 
 

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

 

 

INVESTORS CASH TRUST

DWS Treasury Portfolio

DWS ESG Liquidity Fund

 

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FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>Cash Account Trust</p><p>DWS Government &amp; Agency Securities Portfolio</p><p>DWS Tax-Exempt Portfolio</p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Communications Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI<sup>&#174;</sup> Equity Dividend Fund</p><p>DWS CROCI<sup>&#174; </sup>International Fund</p><p>DWS CROCI<sup>&#174;</sup> U.S. Fund</p><p>DWS Emerging Markets Equity Fund</p><p>DWS Emerging Markets Fixed Income Fund</p><p>DWS Enhanced Commodity Strategy Fund </p><p>DWS Equity 500 Index Fund</p><p>DWS ESG Core Equity Fund</p><p>DWS ESG Global Bond Fund </p><p>DWS ESG International Core Equity Fund</p><p>DWS ESG Liquidity Fund</p><p>DWS Floating Rate Fund</p><p>DWS Global High Income Fund</p><p>DWS Global Income Builder Fund</p><p>DWS Global Macro Fund</p><p>DWS Global Small Cap Fund</p><p>DWS GNMA Fund</p><p>DWS Government Cash Management Fund</p><p>DWS Government Cash Reserves Fund Institutional</p><p>DWS Government Money Market Series</p><p>DWS Health and Wellness Fund</p><p>DWS High Income Fund</p><p>DWS Intermediate Tax-Free Fund</p><p>DWS International Growth Fund</p><p>DWS Large Cap Focus Growth Fund</p><p>DWS Latin America Equity Fund</p><p>DWS Managed Municipal Bond Fund</p><p>DWS Massachusetts Tax-Free Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Growth Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS New York Tax-Free Income Fund</p><p>DWS RREEF Global Infrastructure Fund</p><p>DWS RREEF Global Real Estate Securities Fund</p><p>DWS RREEF MLP &amp; Energy Infrastructure Fund</p><p>DWS RREEF Real Assets Fund</p><p>DWS RREEF Real Estate Securities Fund</p><p>DWS S&amp;P 500 Index Fund</p><p>DWS Science and Technology Fund</p><p>DWS Short Duration Fund </p><p>DWS Short-Term Municipal Bond Fund</p><p>DWS Small Cap Core Fund</p><p>DWS Small Cap Growth Fund</p><p>DWS Strategic High Yield Tax-Free Fund</p><p>DWS Total Return Bond Fund</p><p>Investors Cash Trust</p><p>DWS Treasury Portfolio</p><p> <b>Deutsche DWS Variable Series I:</b> </p><p>DWS Bond VIP</p><p>DWS Capital Growth VIP</p><p>DWS Core Equity VIP</p><p>DWS CROCI<sup>&#174; </sup>International VIP</p><p>DWS Global Small Cap VIP</p><p> <b>Deutsche DWS Variable Series II:</b> </p><p>DWS Alternative Asset Allocation VIP</p><p>DWS CROCI<sup>&#174;</sup> U.S. VIP</p><p>DWS Global Equity VIP</p><p>DWS Global Income Builder VIP</p><p>DWS Government Money Market VIP</p><p>DWS High Income VIP</p><p>DWS International Growth VIP</p><p>DWS Small Mid Cap Growth VIP</p><p>DWS Small Mid Cap Value VIP</p><p> <b>Deutsche DWS Investments VIT Funds:</b> </p><p>DWS Equity 500 Index VIP</p><p>DWS Small Cap Index VIP</p><p></p><p></p><p>The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund&#39;s prospectuses:</p><p> <b>Market disruption risk.</b> Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.</p><p>Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.</p><p>The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund&#39;s prospectuses:</p><p> <b>Operational and technology risk.</b> Cyber-attacks, disruptions or failures that affect the fund&#39;s service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund&#39;s or its service providers&#39; assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund&#39;s net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund&#39;s operations.</p><p>While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund&#39;s service providers could impact the ability to conduct the fund&#39;s operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.</p> EX-101.SCH 3 cat-20200415.xsd XBRL SCHEMA FILE 000000 - Document - Document and Entity Information {Elements} link:presentationLink link:calculationLink link:definitionLink 000011 - Document - Risk/Return Supplement {Unlabeled} - CASH ACCOUNT TRUST link:presentationLink link:calculationLink link:definitionLink 000019 - Disclosure - Risk/Return Detail Data {Elements} - CASH ACCOUNT TRUST link:presentationLink link:calculationLink link:definitionLink EX-101.DEF 4 cat-20200415_def.xml XBRL DEFINITION FILE EX-101.LAB 5 cat-20200415_lab.xml XBRL LABEL FILE EX-101.PRE 6 cat-20200415_pre.xml XBRL PRESENTATION FILE XML 7 R2.htm IDEA: XBRL DOCUMENT v3.20.1
Aug. 01, 2019

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.

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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName CASH ACCOUNT TRUST
Prospectus Date rr_ProspectusDate Aug. 01, 2019
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS SECURITIES TRUST | DWS RREEF Global Real Estate Securities Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS SECURITIES TRUST | DWS RREEF MLP and Energy Infrastructure Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS SECURITIES TRUST | DWS Science and Technology Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS SECURITIES TRUST | DWS Communications Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS SECURITIES TRUST | DWS Enhanced Commodity Strategy Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS SECURITIES TRUST | DWS RREEF Real Estate Securities Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS SECURITIES TRUST | DWS Health and Wellness Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
INVESTORS CASH TRUST | DWS ESG Liquidity Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
INVESTORS CASH TRUST | DWS Treasury Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INVESTMENT TRUST | DWS Core Equity Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INVESTMENT TRUST | DWS CROCI Equity Dividend Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INVESTMENT TRUST | DWS Small Cap Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INVESTMENT TRUST | DWS Small Cap Core Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INVESTMENT TRUST | DWS CROCI US Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INVESTMENT TRUST | DWS ESG Core Equity Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INVESTMENT TRUST | DWS Large Cap Focus Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INVESTMENT TRUST | DWS Capital Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS VARIABLE SERIES II | DWS Government Money Market VIP  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS VARIABLE SERIES II | DWS Small Mid Cap Value VIP  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS VARIABLE SERIES II | DWS Alternative Asset Allocation VIP  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS VARIABLE SERIES II | DWS CROCI US VIP  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS VARIABLE SERIES II | DWS International Growth VIP  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS VARIABLE SERIES II | DWS Global Equity VIP  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS VARIABLE SERIES II | DWS High Income VIP  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS VARIABLE SERIES II | DWS Small Mid Cap Growth VIP  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS VARIABLE SERIES II | DWS Global Income Builder VIP  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INTERNATIONAL FUND, INC. | DWS CROCI International Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INTERNATIONAL FUND, INC. | DWS Global Macro Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INTERNATIONAL FUND, INC. | DWS Emerging Markets Equity Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INTERNATIONAL FUND, INC. | DWS Latin America Equity Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS GLOBAL/INTERNATIONAL FUND, INC. | DWS RREEF Global Infrastructure Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS GLOBAL/INTERNATIONAL FUND, INC. | DWS ESG International Core Equity Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS GLOBAL/INTERNATIONAL FUND, INC. | DWS Emerging Markets Fixed Income Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS GLOBAL/INTERNATIONAL FUND, INC. | DWS Global Small Cap Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS GLOBAL/INTERNATIONAL FUND, INC. | DWS ESG Global Bond Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS GLOBAL/INTERNATIONAL FUND, INC. | DWS International Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS MONEY MARKET TRUST | DWS Government Cash Management Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS MONEY MARKET TRUST | DWS Government Cash Reserves Fund Institutional  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS MONEY MARKET TRUST | DWS Government Money Market Series  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INSTITUTIONAL FUNDS | DWS S and P 500 Index Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INSTITUTIONAL FUNDS | DWS Equity 500 Index Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS MARKET TRUST | DWS RREEF Real Assets Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS MARKET TRUST | DWS Global Income Builder Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INCOME TRUST | DWS Short Duration Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INCOME TRUST | DWS GNMA Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INCOME TRUST | DWS Global High Income Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INCOME TRUST | DWS High Income Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS VARIABLE SERIES I | DWS CROCI International VIP  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS VARIABLE SERIES I | DWS Core Equity VIP  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS VARIABLE SERIES I | DWS Bond VIP  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS VARIABLE SERIES I | DWS Capital Growth VIP  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS VARIABLE SERIES I | DWS Global Small Cap VIP  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INVESTMENTS VIT FUNDS | DWS Equity 500 Index VIP_B2  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS INVESTMENTS VIT FUNDS | DWS Small Cap Index VIP  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS PORTFOLIO TRUST | DWS Floating Rate Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS PORTFOLIO TRUST | DWS Total Return Bond Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS MONEY FUNDS | DWS Money Market Prime Series  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS ASSET ALLOCATION TRUST | DWS Multi-Asset Growth Allocation Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS ASSET ALLOCATION TRUST | DWS Multi-Asset Moderate Allocation Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS ASSET ALLOCATION TRUST | DWS Multi-Asset Conservative Allocation Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS STATE TAX-FREE INCOME SERIES | DWS Massachusetts Tax-Free Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS MUNICIPAL TRUST | DWS Short-Term Municipal Bond Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS MUNICIPAL TRUST | DWS Managed Municipal Bond Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS MUNICIPAL TRUST | DWS Strategic High Yield Tax-Free Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS TAX FREE TRUST | DWS Intermediate Tax-Free Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS TAX FREE TRUST | DWS California Tax-Free Income Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
DEUTSCHE DWS TAX FREE TRUST | DWS New York Tax-Free Income Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
CASH ACCOUNT TRUST | DWS Government and Agency Securities Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
CASH ACCOUNT TRUST | DWS Tax-Exempt Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES OF EACH OF THE LISTED FUNDS

Cash Account Trust

DWS Government & Agency Securities Portfolio

DWS Tax-Exempt Portfolio

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Communications Fund

DWS Core Equity Fund

DWS CROCI® Equity Dividend Fund

DWS CROCI® International Fund

DWS CROCI® U.S. Fund

DWS Emerging Markets Equity Fund

DWS Emerging Markets Fixed Income Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity 500 Index Fund

DWS ESG Core Equity Fund

DWS ESG Global Bond Fund

DWS ESG International Core Equity Fund

DWS ESG Liquidity Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS Global Income Builder Fund

DWS Global Macro Fund

DWS Global Small Cap Fund

DWS GNMA Fund

DWS Government Cash Management Fund

DWS Government Cash Reserves Fund Institutional

DWS Government Money Market Series

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Growth Fund

DWS Large Cap Focus Growth Fund

DWS Latin America Equity Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Growth Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF MLP & Energy Infrastructure Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Science and Technology Fund

DWS Short Duration Fund

DWS Short-Term Municipal Bond Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

DWS Strategic High Yield Tax-Free Fund

DWS Total Return Bond Fund

Investors Cash Trust

DWS Treasury Portfolio

Deutsche DWS Variable Series I:

DWS Bond VIP

DWS Capital Growth VIP

DWS Core Equity VIP

DWS CROCI® International VIP

DWS Global Small Cap VIP

Deutsche DWS Variable Series II:

DWS Alternative Asset Allocation VIP

DWS CROCI® U.S. VIP

DWS Global Equity VIP

DWS Global Income Builder VIP

DWS Government Money Market VIP

DWS High Income VIP

DWS International Growth VIP

DWS Small Mid Cap Growth VIP

DWS Small Mid Cap Value VIP

Deutsche DWS Investments VIT Funds:

DWS Equity 500 Index VIP

DWS Small Cap Index VIP

The following disclosure is added under the "MAIN RISKS" section within the summary section and the "FUND DETAILS" section of each fund's prospectuses:

Market disruption risk. Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the US and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the fund and its investments. Market disruptions could cause the fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.

Recent market disruption events include the pandemic spread of the novel coronavirus known as COVID-19, and the significant uncertainty, market volatility, decreased economic and other activity and increased government activity that it has caused. Specifically, COVID-19 has led to significant death and morbidity, and concerns about its further spread have resulted in the closing of schools and non-essential businesses, cancellations, shelter-in-place orders, lower consumer spending in certain sectors, social distancing, bans on large social gatherings and travel, quarantines, government economic stimulus measures, reduced productivity, rapid increases in unemployment, increased demand for and strain on government and medical resources, border closings and global trade and supply chain interruptions, among others. The full effects, duration and costs of the COVID-19 pandemic are impossible to predict, and the circumstances surrounding the COVID-19 pandemic will continue to evolve. The pandemic may affect certain countries, industries, economic sectors, companies and investment products more than others, may exacerbate existing economic, political, or social tensions and may increase the probability of an economic recession or depression. The fund and its investments may be adversely affected by the effects of the COVID-19 pandemic, and a prolonged pandemic may result in the fund and its service providers experiencing operational difficulties in coordinating a remote workforce and implementing their business continuity plans, among others.

The following replaces "Operational and technology risk" in the "MAIN RISKS" section within the summary section of each fund's prospectuses:

Operational and technology risk. Cyber-attacks, disruptions or failures that affect the fund's service providers or counterparties, issuers of securities held by the fund, or other market participants may adversely affect the fund and its shareholders, including by causing losses for the fund or impairing fund operations. For example, the fund's or its service providers' assets or sensitive or confidential information may be misappropriated, data may be corrupted and operations may be disrupted (e.g., cyber-attacks, operational failures or broader disruptions may cause the release of private shareholder information or confidential fund information, interfere with the processing of shareholder transactions, impact the ability to calculate the fund's net asset value and impede trading). Market events and disruptions also may trigger a volume of transactions that overloads current information technology and communication systems and processes, impacting the ability to conduct the fund's operations.

While the fund and its service providers may establish business continuity and other plans and processes that seek to address the possibility of and fallout from cyber-attacks, disruptions or failures, there are inherent limitations in such plans and systems, including that they do not apply to third parties, such as fund counterparties, issuers of securities held by the fund or other market participants, as well as the possibility that certain risks have not been identified or that unknown threats may emerge in the future and there is no assurance that such plans and processes will be effective. Among other situations, disruptions (for example, pandemics or health crises) that cause prolonged periods of remote work or significant employee absences at the fund's service providers could impact the ability to conduct the fund's operations. In addition, the fund cannot directly control any cybersecurity plans and systems put in place by its service providers, fund counterparties, issuers of securities held by the fund or other market participants.
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