0000088053-23-000377.txt : 20230605 0000088053-23-000377.hdr.sgml : 20230605 20230605131150 ACCESSION NUMBER: 0000088053-23-000377 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20230605 DATE AS OF CHANGE: 20230605 EFFECTIVENESS DATE: 20230605 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: 23991830 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 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: 23991840 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 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: 23991837 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: 23991841 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 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: 23991834 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 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: 23991839 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: 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: 23991831 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: 23991836 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: 23991833 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: 23991838 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 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: 23991832 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 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: 23991835 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 0000088048 S000006103 DWS Health and Wellness Fund C000016782 Class A SUHAX C000016785 Class C SUHCX C000016786 Class S SCHLX C000016787 Institutional Class SUHIX 0000088048 S000031522 DWS Science and Technology Fund C000098006 Institutional Class KTCIX C000098007 Class A KTCAX C000098009 Class C KTCCX C000098010 Class S KTCSX 0000088053 S000006028 DWS Emerging Markets Equity Fund C000016557 Class A SEKAX C000016560 Class C SEKCX C000016561 Class S SEMGX C000063926 Institutional Class SEKIX C000177619 Class T SEKTX C000205760 Class R6 SEKRX 0000088053 S000006030 DWS CROCI International Fund C000016568 Class A SUIAX C000016571 Class C SUICX C000016572 Class S SCINX C000016573 Institutional Class SUIIX C000149477 Class R6 SUIRX C000186448 Class T SUITX 0000088053 S000006031 DWS Latin America Equity Fund C000016574 Class A SLANX C000016577 Class C SLAPX C000016579 Class S SLAFX C000152125 Institutional Class SLARX 0000088063 S000017996 DWS Floating Rate Fund C000049879 Class A DFRAX C000049880 Class C DFRCX C000049881 Class S DFRPX C000049882 Institutional Class DFRTX C000146897 Class R6 DFRRX 0000088064 S000005705 DWS Capital Growth Fund C000015670 Class A SDGAX C000015673 Class C SDGCX C000015674 Class R SDGRX C000015675 Class S SCGSX C000015676 Institutional Class SDGTX C000144535 Class R6 SDGZX 0000088064 S000005706 DWS Core Equity Fund C000015677 Class A SUWAX C000015680 Class C SUWCX C000015681 Class R SUWTX C000015682 Class S SCDGX C000015683 Institutional Class SUWIX C000148203 Class R6 SUWZX 0000088064 S000005707 DWS Large Cap Focus Growth Fund C000015684 Class A SGGAX C000015687 Class C SGGCX C000015689 Class S SCQGX C000015690 Institutional Class SGGIX 0000088064 S000005709 DWS Small Cap Core Fund C000015696 Class A SZCAX C000015699 Class C SZCCX C000015700 Class S SSLCX C000172343 Class R6 SZCRX C000172344 Institutional Class SZCIX 0000088064 S000031150 DWS Small Cap Growth Fund C000096644 Institutional Class SSDIX C000096645 Class A SSDAX C000096647 Class C SSDCX C000096648 Class S SSDSX C000113854 Class R SSDGX C000148204 Class R6 SSDZX 0000088064 S000062620 DWS CROCI Equity Dividend Fund C000203110 Class A KDHAX C000203111 Class C KDHCX C000203112 Class R KDHRX C000203113 Class R6 KDHTX C000203114 Class S KDHSX C000203115 Class T KDHUX C000203116 Institutional Class KDHIX 0000088064 S000062621 DWS ESG Core Equity Fund C000203117 Class R DESRX C000203118 Class R6 DESUX C000203119 Class S DESSX C000203121 Institutional Class DESGX C000203122 Class A DESAX C000203123 Class C DESCX 0000203142 S000006094 DWS Strategic High Yield Tax-Free Fund C000016734 Class A NOTAX C000016737 Class C NOTCX C000016738 Class S SHYTX C000016739 Institutional Class NOTIX 0000203142 S000006095 DWS Managed Municipal Bond Fund C000016740 Class A SMLAX C000016743 Class C SMLCX C000016744 Class S SCMBX C000016745 Institutional Class SMLIX 0000711600 S000006133 DWS Intermediate Tax-Free Fund C000016867 Class A SZMAX C000016870 Class C SZMCX C000016871 Class S SCMTX C000016872 Institutional Class SZMIX 0000714287 S000006111 DWS California Tax-Free Income Fund C000016814 Class A KCTAX C000016816 Class C KCTCX C000016817 Class S SDCSX C000223770 Institutional Class DCLIX 0000714287 S000006112 DWS New York Tax-Free Income Fund C000016818 Class A KNTAX C000016820 Class C KNTCX C000016821 Class S SNWYX C000223771 Institutional Class DNTIX 0000714287 S000033433 DWS Massachusetts Tax-Free Fund C000102799 Class A SQMAX C000102801 Class C SQMCX C000102802 Class S SCMAX C000223772 Institutional Class DMAIX 0000747677 S000005964 DWS GNMA Fund C000016427 Class S SGINX C000075469 Class A GGGGX C000075470 Class C GCGGX C000075471 Institutional Class GIGGX C000113855 Class R GRGGX C000152123 Class R6 GRRGX 0000747677 S000031152 DWS Short Duration Fund C000096654 Class A PPIAX C000096656 Class C PPLCX C000096657 Class S DBPIX C000096658 Institutional Class PPILX C000148124 Class R6 PPLZX 0000747677 S000031154 DWS High Income Fund C000096664 Class A KHYAX C000096666 Class C KHYCX C000096667 Institutional Class KHYIX C000113856 Class R KHYRX C000113857 Class S KHYSX C000148125 Class R6 KHYQX 0000747677 S000031157 DWS Global High Income Fund C000096677 Class A SGHAX C000096679 Class C SGHCX C000096680 Class S SGHSX C000096681 Institutional Class MGHYX C000176652 Class R6 SGHRX C000177609 Class T SGHTX 0000764797 S000006245 DWS Capital Growth VIP C000017180 Class A C000017181 Class B 0000764797 S000006246 DWS Global Small Cap VIP C000017182 Class A C000017183 Class B 0000764797 S000006247 DWS Core Equity VIP C000017184 Class A C000017185 Class B 0000764797 S000006249 DWS CROCI International VIP C000017188 Class A C000017189 Class B 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 0000793597 S000047216 DWS ESG International Core Equity Fund C000147952 Class A DURAX C000147953 Class C DURCX C000147954 Class S DURSX C000147955 Institutional Class DURIX 0000810573 S000006255 DWS CROCI U.S. VIP C000017204 Class A C000017205 Class B 0000810573 S000006260 DWS Small Mid Cap Growth VIP C000017214 Class A 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 0000862157 S000005959 DWS Equity 500 Index Fund C000016413 Class S BTIEX C000016414 Institutional Class BTIIX C000188490 Class R6 BTIRX 0000862157 S000032010 DWS S&P 500 Index Fund C000099641 Class A SXPAX C000099643 Class C SXPCX C000099644 Class S SCPIX C000188496 Class R6 SXPRX 497 1 ss_saistkr23-20.htm MEGA SAI STICKER FILING EDGAR HTML

SUPPLEMENT TO THE CURRENTLY EFFECTIVE STATEMENT OF ADDITIONAL INFORMATION OF EACH OF THE LISTED FUNDS
DWS California Tax-Free Income Fund
DWS Capital Growth Fund
DWS Core Equity Fund
DWS CROCI® Equity Dividend Fund
DWS CROCI®International Fund
DWS Emerging Markets Equity Fund
DWS Equity 500 Index Fund
DWS ESG Core Equity Fund
DWS ESG International Core Equity Fund
DWS Floating Rate Fund
DWS Global High Income Fund
DWS Global Small Cap Fund
DWS GNMA Fund
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 New York Tax-Free Income Fund
DWS S&P 500 Index Fund
DWS Science and Technology Fund
DWS Short Duration Fund
DWS Small Cap Core Fund
DWS Small Cap Growth Fund
DWS Strategic High Yield Tax-Free Fund
Deutsche DWS Variable Series I:
DWS Capital Growth VIP
DWS Core Equity VIP
DWS CROCI®International VIP
DWS Global Small Cap VIP
Deutsche DWS Variable Series II:
DWS CROCI® U.S. VIP
DWS High Income VIP
DWS International Growth VIP
DWS Small Mid Cap Growth VIP
DWS Small Mid Cap Value VIP
Pursuant to regulations adopted by the Securities and Exchange Commission (the “SEC”) in October 2020, registered investment companies that invest in derivatives instruments, including the funds, must now comply with new Rule 18f-4 under the Investment Company Act of 1940, as amended. This new regulatory framework eliminated and replaced the asset segregation and coverage framework established by prior SEC guidance and regulations. As the funds must now comply with Rule 18f-4, the Advisor determined that certain non-fundamental policies and restrictions adopted by the funds prior to Rule 18f-4 are no longer necessary to effectively manage the funds' derivative risks and that their removal would not materially change the way the funds are currently managed. As a result, at a meeting held on May 18, 2023, the Advisor recommended, and the funds' Boards of Trustees/Directors approved, the removal of certain non-fundamental policies and restrictions, as detailed below.
The following non-fundamental policies and restrictions contained in the sub-section “Other Investment Policies” in the “INVESTMENT RESTRICTIONS” section of each fund’s Statement of Additional Information are hereby deleted:
  
Fund(s)
Non-fundamental policy(ies)
DWS California Tax-Free Income Fund
DWS New York Tax-Free Income Fund
(7)
DWS Capital Growth Fund
DWS Core Equity Fund
DWS Small Cap Core Fund
(7)
DWS CROCI® Equity Dividend Fund
(6)
DWS CROCI® International Fund
DWS International Growth Fund
(6)
DWS Emerging Markets Equity Fund
DWS Latin America Equity Fund
DWS Global Small Cap Fund
(8)
DWS Equity 500 Index Fund
(4) (9)
DWS ESG Core Equity Fund
(8)
DWS Small Cap Growth Fund
(11) (13)
DWS ESG International Core Equity Fund
(7)
DWS Floating Rate Fund
(7)
 
June 5, 2023
SAISTKR23-20
 
Fund(s)
Non-fundamental policy(ies)
DWS Global High Income Fund
(10)
DWS GNMA Fund
(9)
DWS Health and Wellness Fund
(6)
DWS High Income Fund
(9) (18)
DWS Intermediate Tax-Free Fund
DWS Managed Municipal Bond Fund
DWS Strategic High Yield Tax-Free Fund
(7)
DWS Large Cap Focus Growth Fund
(6)
DWS Massachusetts Tax-Free Income Fund
(7)
DWS S&P 500 Index Fund
(4)
DWS Science and Technology Fund
(6)
DWS Short Duration Fund
(11)
DWS Capital Growth VIP
DWS Core Equity VIP
DWS CROCI® International VIP
DWS Global Small Cap VIP
(2)
DWS CROCI® US VIP
DWS High Income VIP
DWS International Growth VIP
DWS Small Mid Cap Growth VIP
DWS Small Mid Cap Value VIP
(8)
Please Retain This Supplement for Future Reference
June 5, 2023
SAISTKR23-20
2
 
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