0001752724-20-192475.txt : 20200924 0001752724-20-192475.hdr.sgml : 20200924 20200924120011 ACCESSION NUMBER: 0001752724-20-192475 CONFORMED SUBMISSION TYPE: NPORT-P PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20200731 FILED AS OF DATE: 20200924 PERIOD START: 20201031 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: NPORT-P SEC ACT: 1940 Act SEC FILE NUMBER: 811-00642 FILM NUMBER: 201194379 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 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 NPORT-P 1 primary_doc.xml NPORT-P false 0000088053 XXXXXXXX S000006028 C000016561 C000016557 C000177619 C000205760 C000063926 C000016560 DEUTSCHE DWS INTERNATIONAL FUND, INC. 811-00642 0000088053 549300UT7NMHUZHXST73 875 Third Avenue NEW YORK 10022-6225 212-454-4500 DWS Emerging Markets Equity Fund S000006028 549300V295OG0NZ7UA89 2020-10-31 2020-07-31 N 429369974.82 14031585.90 415338388.92 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 9637135.85000000 N Tata Consultancy Services Ltd 335800ZJKU9GPQRE2U66 Tata Consultancy Services Ltd 000000000 206744.00000000 NS 6304956.09000000 1.518028734689 Long EC CORP IN N 2 N N N KT Corp 9884005ACF8449EANY26 KT Corp 000000000 20066.00000000 NS 401146.64000000 0.096583087598 Long EC CORP KR N 2 N N N Taiwan Semiconductor Manufacturing Co Ltd 549300KB6NK5SBD14S87 Taiwan Semiconductor Manufacturing Co Ltd 874039100 185376.00000000 NS USD 14624312.64000000 3.521059702193 Long EC CORP TW N 1 N N N LUKOIL PJSC 549300LCJ1UJXHYBWI24 LUKOIL PJSC 69343P105 29111.00000000 NS USD 1993230.17000000 0.479905114281 Long EC CORP RU N 1 N N N TAL Education Group 5493003PJZS0EC085V72 TAL Education Group 874080104 58188.00000000 NS USD 4548555.96000000 1.095144605300 Long EC CORP KY N 1 N N N Alibaba Group Holding Ltd 5493001NTNQJDH60PM02 Alibaba Group Holding Ltd 01609W102 154203.00000000 NS USD 38708037.06000000 9.319638659130 Long EC CORP KY N 1 N N N Sberbank of Russia PJSC 549300WE6TAF5EEWQS81 Sberbank of Russia PJSC 80585Y308 184799.00000000 NS USD 2202804.08000000 0.530363707946 Long EC CORP RU N 1 N N N China Overseas Land & Investment Ltd 529900I6W35GYKRIZ151 China Overseas Land & Investment Ltd 000000000 1441475.00000000 NS 4368276.13000000 1.051739075060 Long EC CORP HK N 2 N N N SK Hynix Inc 988400XAIK6XISWQV045 SK Hynix Inc 000000000 97741.00000000 NS 6813440.58000000 1.640455291820 Long EC CORP KR N 2 N N N Vale SA 254900SMTWBX7RU2SR20 Vale SA 91912E105 296918.00000000 NS USD 3456125.52000000 0.832122821342 Long EC CORP BR N 1 N N N Zhuzhou CRRC Times Electric Co Ltd 529900PLNH7NQLN00B53 Zhuzhou CRRC Times Electric Co Ltd 000000000 797000.00000000 NS 2792623.61000000 0.672373102149 Long EC CORP CN N 2 N N N B3 SA - Brasil Bolsa Balcao 4GTK5S46E6H318LMDS44 B3 SA - Brasil Bolsa Balcao 000000000 230281.00000000 NS 2800515.02000000 0.674273097481 Long EC CORP BR N 1 N N N NAVER Corp N/A NAVER Corp 000000000 11733.00000000 NS 2975019.89000000 0.716288204838 Long EC CORP KR N 2 N N N Anhui Conch Cement Co Ltd 300300JVKW56SSAEQZ33 Anhui Conch Cement Co Ltd 000000000 552500.00000000 NS 4145508.52000000 0.998103866772 Long EC CORP CN N 2 N N N Bancolombia SA 54930052NWJRPNMP1W58 Bancolombia SA 05968L102 43000.00000000 NS USD 1200560.00000000 0.289055871556 Long EC CORP CO N 1 N N N Formosa Plastics Corp 254900KM6G17UTG1QN82 Formosa Plastics Corp 000000000 1047000.00000000 NS 2795318.34000000 0.673021905648 Long EC CORP TW N 2 N N N Bank Central Asia Tbk PT 254900BR956G2OHVOM21 Bank Central Asia Tbk PT 000000000 1002000.00000000 NS 2141566.47000000 0.515619679550 Long EC CORP ID N 2 N N N Yandex NV 549300GGZHJ5Q1B18P93 Yandex NV 000000000 62340.00000000 NS USD 3587043.60000000 0.863643644722 Long EC CORP NL N 1 N N N China Life Insurance Co Ltd 549300J6TFLDXGH6S048 China Life Insurance Co Ltd 000000000 1830000.00000000 NS 4167786.45000000 1.003467669058 Long EC CORP CN N 2 N N N Datang International Power Generation Co Ltd 213800VW156IS7SJUL96 Datang International Power Generation Co Ltd 000000000 1116000.00000000 NS 147148.48000000 0.035428576776 Long EC CORP CN N 2 N N N NetEase Inc 5299004AF4DSJDB0PA32 NetEase Inc 64110W102 11708.00000000 NS USD 5367181.36000000 1.292243024767 Long EC CORP KY N 1 N N N Maruti Suzuki India Ltd 335800D27PBEESKKD357 Maruti Suzuki India Ltd 000000000 10439.00000000 NS 871010.67000000 0.209711091783 Long EC CORP IN N 2 N N N JD.com Inc 549300HVTWB0GJZ16V92 JD.com Inc 47215P106 82596.00000000 NS USD 5268798.84000000 1.268555707961 Long EC CORP KY N 1 N N N China Construction Bank Corp 5493001KQW6DM7KEDR62 China Construction Bank Corp 000000000 10831577.00000000 NS 7908103.58000000 1.904014603745 Long EC CORP CN N 2 N N N PTT PCL 549300QOGMPTKB6W7G56 PTT PCL 000000000 1292300.00000000 NS 1621634.69000000 0.390436986625 Long EC CORP TH N 2 N N N KWG Group Holdings Ltd 549300LK82ZOM9ZE7H90 KWG Group Holdings Ltd 000000000 2069000.00000000 NS 3662408.97000000 0.881789179065 Long EC CORP KY N 2 N N N Tencent Holdings Ltd 254900N4SLUMW4XUYY11 Tencent Holdings Ltd 000000000 538200.00000000 NS 36736377.17000000 8.844926967989 Long EC CORP KY N 2 N N N MediaTek Inc 254900UEGBK1I4DM4E14 MediaTek Inc 000000000 56000.00000000 NS 1337479.24000000 0.322021579434 Long EC CORP TW N 2 N N N Cia Siderurgica Nacional SA 529900K40TEND42S0T46 Cia Siderurgica Nacional SA 000000000 736904.00000000 NS 1730468.22000000 0.416640567345 Long EC CORP BR N 1 N N N CCR SA N/A CCR SA 000000000 261962.00000000 NS 751253.51000000 0.180877455597 Long EC CORP BR N 1 N N N Taiwan Semiconductor Manufacturing Co Ltd 549300KB6NK5SBD14S87 Taiwan Semiconductor Manufacturing Co Ltd 000000000 774803.00000000 NS 11150757.05000000 2.684740285865 Long EC CORP TW N 2 N N N Bank of China Ltd 54930053HGCFWVHYZX42 Bank of China Ltd 000000000 8227000.00000000 NS 2747954.72000000 0.661618283623 Long EC CORP CN N 2 N N N Thai Oil PCL 549300HG5527UPZLTT69 Thai Oil PCL 000000000 926800.00000000 NS 1254399.85000000 0.302018759513 Long EC CORP TH N 2 N N N Gruma SAB de CV 5493000XJLJ6C4T0PG82 Gruma SAB de CV 000000000 61238.00000000 NS 717905.83000000 0.172848416893 Long EC CORP MX N 1 N N N HDFC Bank Ltd 335800ZQ6I4E2JXENC50 HDFC Bank Ltd 40415F101 210453.00000000 NS USD 9838677.75000000 2.368834187367 Long EC CORP IN N 1 N N N Shinhan Financial Group Co Ltd 988400EB8A6G49E5KO54 Shinhan Financial Group Co Ltd 000000000 87983.00000000 NS 2218833.92000000 0.534223173005 Long EC CORP KR N 2 N N N Samsung Fire & Marine Insurance Co Ltd 988400JMBDK47EW0Z936 Samsung Fire & Marine Insurance Co Ltd 000000000 12812.00000000 NS 1844036.88000000 0.443984213642 Long EC CORP KR N 2 N N N AIA Group Ltd ZP5ILWVSYE4LJGMMVD57 AIA Group Ltd 000000000 258400.00000000 NS 2320347.68000000 0.558664390747 Long EC CORP HK N 2 N N N Kasikornbank PCL 5493004COSQ54937AW41 Kasikornbank PCL 000000000 257700.00000000 NS 667602.95000000 0.160737116483 Long EC CORP TH N 2 N N N Itau Unibanco Holding SA 5493002W2IVG62O3ZJ94 Itau Unibanco Holding SA 465562106 383212.00000000 NS USD 1954381.20000000 0.470551543545 Long EC CORP BR N 1 N N N KB Financial Group Inc 529900TKE4MXG3Q6GW86 KB Financial Group Inc 000000000 27810.00000000 NS 825340.82000000 0.198715274585 Long EC CORP KR N 2 N N N ASE Technology Holding Co Ltd 300300GO8QHPMV87NZ73 ASE Technology Holding Co Ltd 000000000 1127761.00000000 NS 2897693.82000000 0.697670597590 Long EC CORP TW N 2 N N N iShares FTSE A50 China Index ETF 549300OF8Y14NTQGLX73 iShares FTSE A50 China Index ETF 000000000 8185800.00000000 NS 17279273.97000000 4.160288196554 Long EC RF HK N 2 N N Grupo Financiero Inbursa SAB de CV N/A Grupo Financiero Inbursa SAB de CV 000000000 505109.00000000 NS 364277.67000000 0.087706236581 Long EC CORP MX N 1 N N N Shimao Group Holdings Ltd 254900WTJ6B5CU69ZD26 Shimao Group Holdings Ltd 000000000 579000.00000000 NS 2445101.47000000 0.588701053220 Long EC CORP KY N 2 N N N Multiplan Empreendimentos Imobiliarios SA N/A Multiplan Empreendimentos Imobiliarios SA 000000000 1848.00000000 NS 7489.00000000 0.001803108067 Long EC CORP BR N 1 N N N Infosys Ltd 335800TYLGG93MM7PR89 Infosys Ltd 456788108 382295.00000000 NS USD 4912490.75000000 1.182768287509 Long EC CORP IN N 1 N N N Naspers Ltd 21380044BQ8812EEKT59 Naspers Ltd 000000000 40102.00000000 NS 7279093.71000000 1.752569447993 Long EC CORP ZA N 2 N N N Samsung Electronics Co Ltd 9884007ER46L6N7EI764 Samsung Electronics Co Ltd 000000000 420960.00000000 NS 20576509.39000000 4.954155440219 Long EC CORP KR N 2 N N N Catcher Technology Co Ltd 5299006PRSCU66N5JF55 Catcher Technology Co Ltd 000000000 201000.00000000 NS 1482925.87000000 0.357040405982 Long EC CORP TW N 2 N N N Samsung Electro-Mechanics Co Ltd N/A Samsung Electro-Mechanics Co Ltd 000000000 18803.00000000 NS 2234518.88000000 0.537999602158 Long EC CORP KR N 2 N N N Meituan Dianping 21380033K525E5JLIA77 Meituan Dianping 000000000 279500.00000000 NS 6909772.11000000 1.663648796820 Long EC CORP KY N 2 N N N Hon Hai Precision Industry Co Ltd 30030004CM3GSZXX7O56 Hon Hai Precision Industry Co Ltd 000000000 810000.00000000 NS 2157547.02000000 0.519467277178 Long EC CORP TW N 2 N N N Yum! Brands Inc 549300JE8XHZZ7OHN517 Yum! Brands Inc 988498101 49139.00000000 NS USD 4474105.95000000 1.077219459928 Long EC CORP US N 1 N N N Shinsegae Inc N/A Shinsegae Inc 000000000 5912.00000000 NS 1041348.73000000 0.250722966568 Long EC CORP KR N 2 N N N Fomento Economico Mexicano SAB de CV 549300A8MDWDJNMLV153 Fomento Economico Mexicano SAB de CV 344419106 54712.00000000 NS USD 3365335.12000000 0.810263440552 Long EC CORP MX N 1 N N N ICICI Bank Ltd R7RX8ER1V4666J8D1I38 ICICI Bank Ltd 000000000 240257.00000000 NS 1117430.18000000 0.269040909728 Long EC CORP IN N 2 N N N SJM Holdings Ltd 529900XEAB40COT5ZL30 SJM Holdings Ltd 000000000 670000.00000000 NS 751393.03000000 0.180911047484 Long EC CORP HK N 2 N N N Netmarble Corp N/A Netmarble Corp 000000000 12408.00000000 NS 1336907.61000000 0.321883949489 Long EC CORP KR N 2 N N N Geely Automobile Holdings Ltd 549300YS3T1KVQ2SNI84 Geely Automobile Holdings Ltd 000000000 881000.00000000 NS 1843633.60000000 0.443887116910 Long EC CORP KY N 2 N N N Ping An Insurance Group Co of China Ltd 529900M9MC28JLN35U89 Ping An Insurance Group Co of China Ltd 000000000 1091532.00000000 NS 11498795.77000000 2.768536710488 Long EC CORP CN N 2 N N N China Mobile Ltd 529900U2JJ7GK68NI589 China Mobile Ltd 000000000 845652.00000000 NS 5771039.65000000 1.389478989651 Long EC CORP HK N 2 N N N Larsen & Toubro Ltd 3358003FR3JIC5FRXA90 Larsen & Toubro Ltd 000000000 32190.00000000 NS 392066.64000000 0.094396918382 Long EC CORP IN N 2 N N N DWS 5493003GD84DGSXJ7618 DWS Central Cash Management Government Fund 25160K306 1242123.89000000 NS USD 1242123.89000000 0.299063106887 Long STIV RF US N 1 N N N Fubon Financial Holding Co Ltd 549300G7Y2TS2XNIB476 Fubon Financial Holding Co Ltd 000000000 1984000.00000000 NS 2813259.65000000 0.677341590628 Long EC CORP TW N 2 N N N KOC Holding AS 7890005U0H950VH19H45 KOC Holding AS 000000000 100545.00000000 NS 233653.42000000 0.056256157926 Long EC CORP TR N 2 N N N Huatai Securities Co Ltd 3003009ABT0UCWO79Q77 Huatai Securities Co Ltd 000000000 924200.00000000 NS 1671725.08000000 0.402497126342 Long EC CORP CN N 2 N N N BYD Co Ltd 5299005557VL7ULJ7A69 BYD Co Ltd 000000000 319500.00000000 NS 3033561.50000000 0.730383123960 Long EC CORP CN N 2 N N N Emaar Malls PJSC N/A Emaar Malls PJSC 000000000 687850.00000000 NS 249607.63000000 0.060097413737 Long EC CORP AE N 2 N N N UltraTech Cement Ltd 335800PC9O9B4BQHG814 UltraTech Cement Ltd 000000000 8316.00000000 NS 458788.84000000 0.110461457991 Long EC CORP IN N 2 N N N LG Chem Ltd 988400IES4EIG7O06940 LG Chem Ltd 000000000 15981.00000000 NS 7641166.88000000 1.839744912544 Long EC CORP KR N 2 N N N Telekomunikasi Indonesia Persero Tbk PT 529900M5SQZAOKV1PC81 Telekomunikasi Indonesia Persero Tbk PT 000000000 17422200.00000000 NS 3624534.12000000 0.872670144800 Long EC CORP ID N 2 N N N Banco Bradesco SA 549300CTUU1RFXHQJE44 Banco Bradesco SA 059460303 671262.20000000 NS USD 2832726.48000000 0.682028571297 Long EC CORP BR N 1 N N N Vanguard International Semiconductor Corp 2549001S5Q158BIJJO13 Vanguard International Semiconductor Corp 000000000 947000.00000000 NS 3067988.57000000 0.738672044733 Long EC CORP TW N 2 N N N DWS N/A DWS Government & Agency Securities Portfolio DWS Government Cash Institutional Shares 147539670 13402858.36000000 NS USD 13402858.36000000 3.226973166350 Long STIV RF US N 1 N N PetroChina Co Ltd 529900RPY4YG47TRSV05 PetroChina Co Ltd 000000000 5607300.00000000 NS 1935855.88000000 0.466091247918 Long EC CORP CN N 2 N N N ITC Ltd 335800WLOU3OFWFTMP43 ITC Ltd 000000000 770000.00000000 NS 1996523.77000000 0.480698106233 Long EC CORP IN N 2 N N N Topsports International Holdings Ltd N/A Topsports International Holdings Ltd 000000000 1320000.00000000 NS 1581319.40000000 0.380730373638 Long EC CORP KY N 2 N N N Turkiye Garanti Bankasi AS 5493002XSS7K7RHN1V37 Turkiye Garanti Bankasi AS 000000000 97879.00000000 NS 98301.91000000 0.023667908534 Long EC CORP TR N 2 N N N Reliance Industries Ltd 5493003UOETFYRONLG31 Reliance Industries Ltd 759470107 175388.00000000 NS USD 9663878.80000000 2.326748275094 Long EC CORP IN N 1 N N N FirstRand Ltd N/A FirstRand Ltd 000000000 915114.00000000 NS 2092489.67000000 0.503803579399 Long EC CORP ZA N 2 N N N Chunghwa Telecom Co Ltd N/A Chunghwa Telecom Co Ltd 000000000 891000.00000000 NS 3331953.63000000 0.802226261498 Long EC CORP TW N 2 N N N Hyundai Motor Co 9884004RQX8PRBXQ8S60 Hyundai Motor Co 000000000 28454.00000000 NS 3034404.32000000 0.730586047653 Long EC CORP KR N 2 N N N China Petroleum & Chemical Corp 529900A2OB24EZ5B3J19 China Petroleum & Chemical Corp 000000000 3050000.00000000 NS 1297067.96000000 0.312291855172 Long EC CORP CN N 2 N N N POSCO 988400E5HRVX81AYLM04 POSCO 000000000 23358.00000000 NS 3787982.52000000 0.912023213132 Long EC CORP KR N 2 N N N ICICI Bank Ltd R7RX8ER1V4666J8D1I38 ICICI Bank Ltd 45104G104 422378.00000000 NS USD 3966129.42000000 0.954915203074 Long EC CORP IN N 1 N N N Largan Precision Co Ltd N/A Largan Precision Co Ltd 000000000 13000.00000000 NS 1696339.74000000 0.408423537350 Long EC CORP TW N 2 N N N Industrial & Commercial Bank of China Ltd 5493002ERZU2K9PZDL40 Industrial & Commercial Bank of China Ltd 000000000 12432095.00000000 NS 7315789.76000000 1.761404665488 Long EC CORP CN N 2 N N N Hong Kong Exchanges & Clearing Ltd 213800YTVSXYQN17BW16 Hong Kong Exchanges & Clearing Ltd 000000000 45300.00000000 NS 2159272.62000000 0.519882745636 Long EC CORP HK N 2 N N N New Oriental Education & Technology Group Inc 529900NHZVBZQZ8EKN29 New Oriental Education & Technology Group Inc 647581107 33801.00000000 NS USD 4738900.20000000 1.140973318725 Long EC CORP KY N 1 N N N Lojas Americanas SA N/A Lojas Americanas SA 000000000 626580.00000000 NS 4095882.91000000 0.986155630990 Long EP CORP BR N 1 N N N LG Household & Health Care Ltd N/A LG Household & Health Care Ltd 000000000 2852.00000000 NS 3289282.03000000 0.791952325561 Long EC CORP KR N 2 N N N 2020-08-27 DEUTSCHE DWS INTERNATIONAL FUND, INC. Diane Kenneally Diane Kenneally Treasurer and Chief Financial Officer XXXX NPORT-EX 2 NPORT_887459714163659.htm
Investment Portfolio as of July 31, 2020 (Unaudited)

 

 

DWS Emerging Markets Equity Fund

 

 

  Shares   Value ($)

 Equity Securities 90.7%

Brazil 4.3%
B3 SA - Brasil Bolsa Balcao     230,281   2,800,515
Banco Bradesco SA (ADR)     671,262   2,832,726
CCR SA     261,962   751,254
Cia Siderurgica Nacional SA     736,904   1,730,468
Itau Unibanco Holding SA (ADR) (Preferred)     383,212   1,954,381
Lojas Americanas SA (Preferred)     626,580   4,095,883
Multiplan Empreendimentos Imobiliarios SA     1,848   7,489
Vale SA (ADR)     296,918   3,456,126
(Cost $14,910,637)   17,628,842
China 37.7%
Alibaba Group Holding Ltd. (ADR)*     154,203   38,708,037
Anhui Conch Cement Co., Ltd. "H"     552,500   4,145,509
Bank of China Ltd. "H"     8,227,000   2,747,955
BYD Co., Ltd. "H"     319,500   3,033,561
China Construction Bank Corp. "H"     10,831,577   7,908,104
China Life Insurance Co., Ltd. "H"     1,830,000   4,167,786
China Petroleum & Chemical Corp. "H"     3,050,000   1,297,068
Datang International Power Generation Co., Ltd. "H"     1,116,000   147,148
Huatai Securities Co., Ltd. 144A     924,200   1,671,725
Industrial & Commercial Bank of China Ltd. "H"     12,432,095   7,315,790
JD.com, Inc. (ADR)*     82,596   5,268,799
KWG Group Holdings Ltd.     2,069,000   3,662,409
Meituan Dianping "B"*     279,500   6,909,772
NetEase, Inc. (ADR)     11,708   5,367,181
New Oriental Education & Technology Group, Inc. (ADR)*     33,801   4,738,900
PetroChina Co., Ltd. "H"     5,607,300   1,935,856
Ping An Insurance (Group) Co. of China Ltd. "H"     1,091,532   11,498,796
TAL Education Group (ADR)*     58,188   4,548,556
Tencent Holdings Ltd.     538,200   36,736,377
Topsports International Holdings Ltd. 144A     1,320,000   1,581,319
Zhuzhou CRRC Times Electric Co., Ltd. "H"     797,000   2,792,624
(Cost $118,504,206)   156,183,272
Colombia 0.3%
Bancolombia SA (ADR) (Cost $2,198,435)   43,000   1,200,560
Hong Kong 4.7%
AIA Group Ltd.     258,400   2,320,348
China Mobile Ltd.     845,652   5,771,040
China Overseas Land & Investment Ltd.     1,441,475   4,368,276
Geely Automobile Holdings Ltd.     881,000   1,843,633
Hong Kong Exchanges & Clearing Ltd.     45,300   2,159,273
Shimao Property Holdings Ltd.     579,000   2,445,101
SJM Holdings Ltd.     670,000   751,393
(Cost $22,403,853)   19,659,064
India 9.5%
HDFC Bank Ltd. (ADR)   210,453   9,838,678
ICICI Bank Ltd.*     240,257   1,117,430
ICICI Bank Ltd. (ADR)*     422,378   3,966,129
Infosys Ltd. (ADR)     382,295   4,912,491
ITC Ltd.     770,000   1,996,524
Larsen & Toubro Ltd.     32,190   392,066
Maruti Suzuki India Ltd.     10,439   871,011
Reliance Industries Ltd. 144A, (GDR)     175,388   9,663,879
Tata Consultancy Services Ltd.     206,744   6,304,956
UltraTech Cement Ltd.     8,316   458,789
(Cost $35,984,375)   39,521,953
Indonesia 1.4%
PT Bank Central Asia Tbk     1,002,000   2,141,567
PT Telekomunikasi Indonesia Persero Tbk     17,422,200   3,624,534
(Cost $6,567,877)   5,766,101
Korea 14.0%
Hyundai Motor Co.     28,454   3,034,404
KB Financial Group, Inc.     27,810   825,341
KT Corp.     20,066   401,147
LG Chem Ltd.     15,981   7,641,167
LG Household & Health Care Ltd.     2,852   3,289,282
Naver Corp.     11,733   2,975,020
Netmarble Corp. 144A*     12,408   1,336,908
POSCO     23,358   3,787,982
Samsung Electro-Mechanics Co., Ltd.     18,803   2,234,519
Samsung Electronics Co., Ltd.     420,960   20,576,509
Samsung Fire & Marine Insurance Co., Ltd.     12,812   1,844,037
Shinhan Financial Group Co., Ltd.     87,983   2,218,834
Shinsegae, Inc.     5,912   1,041,349
SK Hynix, Inc.     97,741   6,813,440
(Cost $51,880,537)   58,019,939
Mexico 1.1%
Fomento Economico Mexicano SAB de CV (ADR)     54,712   3,365,335
Gruma SAB de CV "B"     61,238   717,906
Grupo Financiero Inbursa SAB de CV "O"     505,109   364,278
(Cost $6,389,693)   4,447,519
Russia 1.9%
LUKOIL PJSC (ADR)     29,111   1,993,230
Sberbank of Russia PJSC (ADR)*     184,799   2,202,804
Yandex NV "A"* (a)   62,340   3,587,044
(Cost $6,881,732)   7,783,078
South Africa 2.3%
FirstRand Ltd.     915,114   2,092,489
Naspers Ltd. "N"     40,102   7,279,094
(Cost $12,093,613)   9,371,583
Taiwan 11.4%
ASE Technology Holdings Co., Ltd.     1,127,761   2,897,694
Catcher Technology Co., Ltd.     201,000   1,482,926
Chunghwa Telecom Co., Ltd.     891,000   3,331,954
Formosa Plastics Corp.     1,047,000   2,795,318
Fubon Financial Holding Co., Ltd.     1,984,000   2,813,260
Hon Hai Precision Industry Co., Ltd.     810,000   2,157,547
Largan Precision Co., Ltd.     13,000   1,696,340
MediaTek, Inc.     56,000   1,337,479
Taiwan Semiconductor Manufacturing Co., Ltd.     774,803   11,150,757
Taiwan Semiconductor Manufacturing Co., Ltd. (ADR)     185,376   14,624,313
Vanguard International Semiconductor Corp.     947,000   3,067,988
(Cost $32,729,792)   47,355,576
Thailand 0.8%
Kasikornbank PCL (NVDR)     257,700   667,603
PTT PCL (NVDR)     1,292,300   1,621,634
Thai Oil PCL (NVDR)     926,800   1,254,400
(Cost $5,665,966)   3,543,637
Turkey 0.1%
KOC Holding AS     100,545   233,653
Turkiye Garanti Bankasi AS*     97,879   98,302
(Cost $716,326)   331,955
United Arab Emirates 0.1%
Emaar Malls PJSC* (Cost $589,330)   687,850   249,608
United States 1.1%
Yum! Brands, Inc.  (Cost $4,249,570)   49,139   4,474,106
Total Equity Securities (Cost $321,765,942)   375,536,793
Exchange-Traded Funds 4.2%
iShares FTSE A50 China ETF (b) (Cost $15,707,719)   8,185,800   17,279,274
Securities Lending Collateral 3.2%
DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 0.04% (c) (d) (Cost $13,402,858)     13,402,858   13,402,858
Cash Equivalents 0.3%
DWS Central Cash Management Government Fund, 0.11% (c) (Cost $1,242,124)     1,242,124   1,242,124
  % of
Net Assets		   Value ($)
Total Investment Portfolio (Cost $352,118,643) 98.4   407,461,049
Other Assets and Liabilities, Net 1.6   6,688,805
Net Assets 100.0   414,149,854
                   

For information on the Fund's policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent semi-annual or annual financial statements.  
A summary of the Fund's transactions with affiliated investments during the period ended July 31, 2020 are as follows:

 

Value ($) at         10/31/2019   Purchases
Cost ($)		   Sales
Proceeds ($)		   Net
Realized
Gain/
(Loss) ($)		   Net
Change in
Unrealized
Appreci-
ation
(Deprecia-
tion) ($)		   Income ($)   Capital
Gain
Distribu-
tions ($)		   Number of Shares at 7/31/2020   Value ($) at
7/31/2020		  
Securities Lending Collateral 3.2%  
DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 0.04% (c) (d)
15,219,626   —   1,816,768 (e)   —   —   261,445   —   13,402,858   13,402,858  
Cash Equivalents 0.3%  
DWS Central Cash Management Government Fund, 0.11% (c)
12,146,299   227,595,280   238,499,455   —   —   176,768   —   1,242,124   1,242,124  
27,365,925   227,595,280   240,316,223   —   —   438,213   —   14,644,982   14,644,982  
                                     

* Non-income producing security.
(a) Listed on the NASDAQ Stock Market, Inc.
(b) All or a portion of these securities were on loan. In addition, "Other Assets and Liabilities, Net" may include pending sales that are also on loan. The value of securities loaned at July 31, 2020 amounted to $12,743,263, which is 3.1% of net assets.
(c) Affiliated fund managed by DWS Investment Management Americas, Inc.  The rate shown is the annualized seven-day yield at period end.
(d) Represents cash collateral held in connection with securities lending. Income earned by the Fund is net of borrower rebates.
(e) Represents the net increase (purchase cost) or decrease (sales proceeds) in the amount invested in cash collateral for the period ended July 31, 2020.
144A: Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers.
ADR: American Depositary Receipt
FTSE: Financial Times and the London Stock Exchange
GDR: Global Depositary Receipt
NVDR: Non-Voting Depository Receipt
PJSC: Public Joint Stock Company
 
At July 31, 2020 the DWS Emerging Markets Equity Fund had the following sector diversification:

 

Sector Diversification Market Value ($)   As a % of Equity Securities  
Consumer Discretionary   88,179,817   23 %  
Information Technology   79,256,959   21 %  
Financials   78,768,711   21 %  
Communication Services   63,131,205   17 %  
Materials   24,015,359   6 %  
Energy   17,766,067   5 %  
Real Estate   10,732,883   3 %  
Consumer Staples   9,369,047   3 %  
Industrials   4,169,597   1 %  
Utilities   147,148   0 %  
Total 375,536,793   100 %  
                 

Sector diversification is subject to change.

 

Fair Value Measurements

 

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

 

The following is a summary of the inputs used as of July 31, 2020 in valuing the Fund's investments.

 

Assets   Level 1   Level 2   Level 3   Total
Equity Securities                
  Brazil $ 17,628,842 $ — $ — $ 17,628,842
  China   58,631,473   97,551,799   —   156,183,272
  Colombia   1,200,560   —   —   1,200,560
  Hong Kong   —   19,659,064   —   19,659,064
  India   28,381,177   11,140,776   —   39,521,953
  Indonesia   —   5,766,101   —   5,766,101
  Korea   —   58,019,939   —   58,019,939
  Mexico   4,447,519   —   —   4,447,519
  Russia   7,783,078   —   —   7,783,078
  South Africa   —   9,371,583   —   9,371,583
  Taiwan   14,624,313   32,731,263   —   47,355,576
  Thailand   —   3,543,637   —   3,543,637
  Turkey   —   331,955   —   331,955
  United Arab Emirates   —   249,608   —   249,608
  United States   4,474,106   —   —   4,474,106
Exchange-Traded Funds   —   17,279,274   —   17,279,274
Short-Term Investments (f)   14,644,982   —   —   14,644,982
Total $ 151,816,050 $ 255,644,999 $ — $ 407,461,049

 

(f) See Investment Portfolio for additional detailed categorizations.