-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, PnymmbPTve8ki1vTo68lmarlafA7nAmakrHG+z1dGnVS51JNnj8Yzsp7Fs/5HAT1 sgUXf++71zIr75JMYqL4aA== 0000088053-09-001387.txt : 20091228 0000088053-09-001387.hdr.sgml : 20091225 20091228125207 ACCESSION NUMBER: 0000088053-09-001387 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20091031 FILED AS OF DATE: 20091228 DATE AS OF CHANGE: 20091228 EFFECTIVENESS DATE: 20091228 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DWS INVESTMENT TRUST CENTRAL INDEX KEY: 0000088064 IRS NUMBER: 042212654 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-00043 FILM NUMBER: 091261298 BUSINESS ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 BUSINESS PHONE: 212-454-6778 MAIL ADDRESS: STREET 1: 345 PARK AVENUE CITY: NEW YORK STATE: NY ZIP: 10154-0004 FORMER COMPANY: FORMER CONFORMED NAME: INVESTMENT TRUST DATE OF NAME CHANGE: 19980529 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER INVESTMENT TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: SCUDDER GROWTH & INCOME FUND DATE OF NAME CHANGE: 19910402 0000088064 S000005707 DWS Large Company Growth Fund C000015684 Class A SGGAX C000015686 Class B SGGBX C000015687 Class C SGGCX C000015689 Class S SCQGX C000015690 Institutional Class SGGIX N-Q 1 nq103109inv_lcg.htm DWS LARGE COMPANY GROWTH FUND

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

 

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

_______________________________

Investment Company Act file number 811-43

DWS Investment Trust

(Exact name of registrant as specified in charter)

 

345 Park Avenue

New York, NY 10154

(Address of principal executive offices)             (Zip code)

 

Paul Schubert

345 Park Avenue

New York, NY 10154-0004

(Name and address of agent for service)

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

Date of fiscal year end: 07/31

Date of reporting period: 10/31/09

 

ITEM 1. SCHEDULE OF INVESTMENTS

 

Investment Portfolio

as of October 31, 2009 (Unaudited)

 

DWS Large Company Growth Fund

 

 

Shares

 

Value ($)

 

 

Common Stocks 98.9%

 

Consumer Discretionary 10.9%

 

Hotels Restaurants & Leisure 1.3%

 

Marriott International, Inc. "A" (a)

 

106,300

 

2,663,878

 

Media 2.4%

 

Scripps Networks Interactive "A"

 

126,200

 

4,765,312

 

Multiline Retail 1.7%

 

Kohl's Corp.*

 

60,701

 

3,473,311

 

Specialty Retail 2.0%

 

Limited Brands, Inc.

 

227,300

 

4,000,480

 

Textiles, Apparel & Luxury Goods 3.5%

 

NIKE, Inc. "B" (a)

 

113,900

 

7,082,302

 

 

 

 

Consumer Staples 9.2%

 

Beverages 6.1%

 

PepsiCo, Inc.

 

203,340

 

12,312,237

 

Household Products 3.1%

 

Energizer Holdings, Inc.*

 

104,700

 

6,373,089

 

Energy 7.5%

 

Energy Equipment & Services 3.6%

 

Cameron International Corp.*

 

110,500

 

4,085,185

 

Transocean Ltd.*

 

37,957

 

3,184,972

 

 

7,270,157

 

Oil, Gas & Consumable Fuels 3.9%

 

Anadarko Petroleum Corp. (a)

 

71,300

 

4,344,309

 

Occidental Petroleum Corp.

 

46,800

 

3,551,184

 

 

7,895,493

 

Financials 5.2%

 

Capital Markets

 

T. Rowe Price Group, Inc. (a)

 

217,100

 

10,579,283

 

Health Care 15.4%

 

Biotechnology 8.8%

 

Celgene Corp.*

 

184,100

 

9,398,305

 

Gilead Sciences, Inc.*

 

197,900

 

8,420,645

 

 

17,818,950

 

Health Care Equipment & Supplies 3.5%

 

Edwards Lifesciences Corp.*

 

49,200

 

3,785,448

 

St. Jude Medical, Inc.*

 

99,600

 

3,394,368

 

 

7,179,816

 

Health Care Providers & Services 3.1%

 

Express Scripts, Inc.*

 

78,200

 

6,249,744

 

Industrials 12.8%

 

Aerospace & Defense 2.3%

 

Rockwell Collins, Inc.

 

93,500

 

4,710,530

 

Commercial Services & Supplies 1.5%

 

Stericycle, Inc.* (a)

 

57,100

 

2,990,327

 

Electrical Equipment 4.9%

 

AMETEK, Inc.

 

175,900

 

6,137,151

 

Roper Industries, Inc.

 

75,800

 

3,831,690

 

 

9,968,841

 

Machinery 1.5%

 

Parker Hannifin Corp.

 

55,800

 

2,955,168

 

Road & Rail 2.6%

 

Burlington Northern Santa Fe Corp.

 

30,900

 

2,327,388

 

Norfolk Southern Corp.

 

63,600

 

2,965,032

 

 

5,292,420

 

Information Technology 32.1%

 

Communications Equipment 14.3%

 

Cisco Systems, Inc.*

 

598,490

 

13,675,496

 

QUALCOMM, Inc.

 

290,700

 

12,037,887

 

Research In Motion Ltd.* (a)

 

56,700

 

3,329,991

 

 

29,043,374

 

 

 

 

Computers & Peripherals 3.3%

 

EMC Corp.*

 

402,000

 

6,620,940

 

IT Services 1.7%

 

Accenture PLC "A"

 

92,000

 

3,411,360

 

Semiconductors & Semiconductor Equipment 8.4%

 

Broadcom Corp. "A"* (a)

 

293,300

 

7,804,713

 

Intel Corp.

 

480,660

 

9,185,413

 

 

16,990,126

 

Software 4.4%

 

Oracle Corp.

 

419,000

 

8,840,900

 

Materials 4.2%

 

Chemicals

 

Monsanto Co.

 

80,300

 

5,394,554

 

The Mosaic Co.

 

68,100

 

3,182,313

 

 

8,576,867

 

Telecommunication Services 1.6%

 

Wireless Telecommunication Services

 

American Tower Corp. "A"*

 

86,400

 

3,181,248

 

Total Common Stocks (Cost $170,490,516)

 

200,246,153

 

 

Securities Lending Collateral 14.0%

 

Daily Assets Fund Institutional, 0.27% (b) (c)
(Cost $28,311,350)

 

 

28,311,350

 

28,311,350

 

 

Cash Equivalents 1.2%

 

Central Cash Management Fund, 0.19% (b)
(Cost $2,556,757)

 

 

2,556,757

 

2,556,757

 

 

% of
Net Assets

 

Value ($)

 

Total Investment Portfolio (Cost $201,358,623) †

114.1

 

231,114,260

 

Other Assets and Liabilities, Net

(14.1)

 

(28,610,883)

 

Net Assets

100.0

 

202,503,377

 

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

 

*

Non-income producing security.

 

†

The cost for federal income tax purposes was $202,405,491. At October 31, 2009, net unrealized appreciation for all securities based on tax cost was $28,708,769. This consisted of aggregate gross unrealized appreciation for all securities in which there was an excess of value over tax cost of $31,749,616 and aggregate gross unrealized depreciation for all securities in which there was an excess of tax cost over value of $3,040,847.

 

(a)

All or a portion of these securities were on loan. The value of all securities loaned at October 31, 2009 amounted to $26,784,651 which is 13.2% of net assets.

 

(b)

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

 

(c)

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

 

 

Fair Value Measurements

 

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

 

The following is a summary of the inputs used as of October 31, 2009 in valuing the Fund's investments:

 

 

Level 1

Level 2

Level 3

Total

Assets

 

 

 

Common Stock and/or Other Equity Investments(d)

$ 200,246,153

$—

$—

$ 200,246,153

Short-Term Investments(d)

30,868,107

—

—

30,868,107

Total

$ 231,114,260

$—

$—

$ 231,114,260

 

(d)

See Investment Portfolio for additional detailed categorizations.

 

 

 

 

ITEM 2.

CONTROLS AND PROCEDURES

 

 

 

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

 

 

 

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

 

 

ITEM 3.

EXHIBITS

 

 

 

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

 

 

SIGNATURES

 

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

 

Registrant:

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

 

 

By:

/s/Michael G. Clark

Michael G. Clark

President

 

 

Date:

December 21, 2009

 

 

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

 

Registrant:

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

 

 

By:

/s/Michael G. Clark

Michael G. Clark

President

 

 

Date:

December 21, 2009

 

 

 

 

 

 

By:

/s/Paul Schubert

Paul Schubert

Chief Financial Officer and Treasurer

 

 

Date:

December 21, 2009

 

 EX-99 2 ex99cert.htm CERTIFICATION

CERTIFICATIONS

I, Michael G. Clark, certify that:

 

1.

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

 

2.

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

 

3.

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

 

4.

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

 

(a)

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

 

(b)

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

 

(c)

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

 

(d)

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

 

5.

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

 

(a)

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

 

(b)

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

 

Registrant:

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

 

 

 

 

By:

/s/Michael G. Clark

Michael G. Clark

President

 

 

Date:

December 21, 2009

 

 

CERTIFICATIONS

I, Paul Schubert, certify that:

 

1.

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

 

2.

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

 

3.

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

 

4.

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

 

(a)

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

 

(b)

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

 

(c)

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

 

(d)

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

 

5.

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

 

(a)

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

 

(b)

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

 

Registrant:

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

 

 

 

 

By:

/s/Paul Schubert

Paul Schubert

Chief Financial Officer and Treasurer

 

 

Date:

December 21, 2009

 

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