0000088053-18-001331.txt : 20181218 0000088053-18-001331.hdr.sgml : 20181218 20181218081712 ACCESSION NUMBER: 0000088053-18-001331 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 15 FILED AS OF DATE: 20181218 DATE AS OF CHANGE: 20181218 EFFECTIVENESS DATE: 20181218 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: 181239389 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 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: 181239384 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 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: 181239395 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 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: 181239394 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 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: 181239381 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: 181239385 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 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: 181239382 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 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: 181239383 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 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 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: 181239387 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 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: 181239386 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 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: 181239392 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 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 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: 181239391 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 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 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: 181239393 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 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: 181239388 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 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: 181239390 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 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 0000055189 S000006073 DWS Money Market Prime Series C000035164 DWS Cash Investment Trust - Class S DOSXX 0000088048 S000006103 DWS Health and Wellness Fund C000016786 Class S SCHLX 0000088048 S000031522 DWS Science and Technology Fund C000098010 Class S KTCSX 0000088048 S000032043 DWS Enhanced Commodity Strategy Fund C000099779 Class S SKSRX 0000088048 S000032044 DWS RREEF Global Real Estate Securities Fund C000099783 Class S RRGTX 0000088048 S000032045 DWS RREEF Real Estate Securities Fund C000099789 Class S RRREX 0000088048 S000047963 DWS RREEF MLP & Energy Infrastructure Fund C000151075 Class S DMPSX 0000088053 S000006028 DWS Emerging Markets Equity Fund C000016561 Class S SEMGX 0000088053 S000006029 DWS World Dividend Fund C000016566 Class S SCGEX 0000088053 S000006030 DWS CROCI International Fund C000016572 Class S SCINX 0000088053 S000006031 DWS Latin America Equity Fund C000016579 Class S SLAFX 0000088053 S000031160 DWS Global Macro Fund C000096697 Class S DBIVX 0000088063 S000006101 DWS Total Return Bond Fund C000016774 Class S SCSBX 0000088063 S000017996 DWS Floating Rate Fund C000049881 Class S DFRPX 0000088064 S000005705 DWS Capital Growth Fund C000015675 Class S SCGSX 0000088064 S000005706 DWS Core Equity Fund C000015682 Class S SCDGX 0000088064 S000005707 DWS Large Cap Focus Growth Fund C000015689 Class S SCQGX 0000088064 S000005709 DWS Small Cap Core Fund C000015700 Class S SSLCX 0000088064 S000031150 DWS Small Cap Growth Fund C000096648 Class S SSDSX 0000088064 S000048744 DWS CROCI U.S. Fund C000153537 Class S DCUSX 0000088064 S000062620 DWS CROCI Equity Dividend Fund C000203114 Class S KDHSX 0000088064 S000062621 DWS Mid Cap Value Fund C000203119 Class S MIDTX 0000095603 S000006138 DWS Global Income Builder Fund C000016899 Class S KTRSX 0000095603 S000032019 DWS RREEF Real Assets Fund C000099690 Class S AAASX 0000203142 S000006094 DWS Strategic High Yield Tax-Free Fund C000016738 Class S SHYTX 0000203142 S000006095 DWS Managed Municipal Bond Fund C000016744 Class S SCMBX 0000203142 S000031144 DWS Short-Term Municipal Bond Fund C000096619 Class S SRMSX 0000711600 S000006133 DWS Intermediate Tax-Free Fund C000016871 Class S SCMTX 0000714287 S000006111 DWS California Tax-Free Income Fund C000016817 Class S SDCSX 0000714287 S000006112 DWS New York Tax-Free Income Fund C000016821 Class S SNWYX 0000714287 S000033433 DWS Massachusetts Tax-Free Fund C000102802 Class S SCMAX 0000747677 S000005964 DWS GNMA Fund C000016427 Class S SGINX 0000747677 S000031152 DWS Short Duration Fund C000096657 Class S DBPIX 0000747677 S000031154 DWS High Income Fund C000113857 Class S KHYSX 0000747677 S000031156 DWS Multisector Income Fund C000096676 Class S KSTSX 0000747677 S000031157 DWS Global High Income Fund C000096680 Class S SGHSX 0000747677 S000031159 DWS Fixed Income Opportunities Fund C000096691 Class S SDUSX 0000747677 S000059987 DWS Short Duration High Income Fund C000196312 Class S DSHSX 0000793597 S000005466 DWS Emerging Markets Fixed Income Fund C000014879 Class S SCEMX 0000793597 S000005467 DWS High Conviction Global Bond Fund C000014884 Class S SSTGX 0000793597 S000005468 DWS Global Small Cap Fund C000014889 Class S SGSCX 0000793597 S000005469 DWS International Growth Fund C000014895 Class S SCOBX 0000793597 S000022444 DWS RREEF Global Infrastructure Fund C000064597 Class S TOLSX 0000793597 S000047216 DWS European Equity Fund C000147954 Class S DURSX 0000858372 S000006303 DWS Tax-Exempt Portfolio C000035159 DWS Tax-Free Money Fund Class S DTCXX 0000862157 S000005959 DWS Equity 500 Index Fund C000016413 Class S BTIEX 0000862157 S000032010 DWS S&P 500 Index Fund C000099644 Class S SCPIX 0000863209 S000006308 DWS Treasury Portfolio C000035153 DWS U.S. Treasury Money Fund Class S IUSXX 0000926425 S000006098 DWS Multi-Asset Moderate Allocation Fund C000016759 Class S PPLSX 0000926425 S000006099 DWS Multi-Asset Global Allocation Fund C000016764 Class S SPGRX 0000926425 S000006100 DWS Multi-Asset Conservative Allocation Fund C000016769 Class S SPBAX 497 1 xsp_prostkr-1095.htm MEGA CLASS S STICKER

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 December 6, 2018; such supplement (accession number : 0000088053-18-001221) is incorporated by reference into this Rule 497 Document.

 

CASH ACCOUNT TRUST

DWS Tax-Exempt Portfolio

 

DEUTSCHE DWS ASSET ALLOCATION TRUST

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

 

DEUTSCHE DWS GLOBAL/INTERNATIONAL FUND, INC.

DWS Emerging Markets Fixed Income Fund

DWS European Equity Fund

DWS Global Small Cap Fund

DWS High Conviction Global Bond Fund

DWS International Growth Fund

DWS RREEF Global Infrastructure Fund

 

DEUTSCHE DWS INCOME TRUST

DWS Fixed Income Opportunities Fund

DWS Global High Income Fund

DWS GNMA Fund

DWS High Income Fund

DWS Multisector Income Fund

DWS Short Duration Fund

DWS Short Duration High Income 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

DWS World Dividend 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 Mid Cap Value Fund

DWS Small Cap Core Fund

DWS Small Cap Growth Fund

 

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 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 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

 

INVESTORS CASH TRUST

DWS Treasury Portfolio

 

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Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> <p>SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES OF EACH OF THE LISTED FUNDS</p><p></p><p>DWS California Tax-Free Income Fund</p><p>DWS Capital Growth Fund</p><p>DWS Core Equity Fund</p><p>DWS CROCI&#174; Equity Dividend Fund</p><p>DWS CROCI&#174; International Fund</p><p>DWS CROCI&#174; 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 European Equity Fund</p><p>DWS Fixed Income Opportunities 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 Health and Wellness Fund</p><p>DWS High Conviction Global Bond 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 Mid Cap Value Fund</p><p>DWS Money Market Prime Series</p><p>DWS Multi-Asset Conservative Allocation Fund</p><p>DWS Multi-Asset Global Allocation Fund</p><p>DWS Multi-Asset Moderate Allocation Fund</p><p>DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio</p><p>DWS Total Return Bond Fund</p><p>DWS Treasury Portfolio</p><p>DWS World Dividend Fund</p><p></p><p> <b>The following changes are effective on or about February 11, 2019:</b> </p><p></p><p>The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund&#39;s summary section of the prospectus.</p><p>You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.</p> EX-101.SCH 3 cat-20181206.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-20181206_def.xml XBRL DEFINITION FILE EX-101.LAB 5 cat-20181206_lab.xml XBRL LABEL FILE EX-101.PRE 6 cat-20181206_pre.xml XBRL PRESENTATION FILE XML 7 R1.htm IDEA: XBRL DOCUMENT v3.10.0.1
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Aug. 01, 2018

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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Prospectus Date rr_ProspectusDate Aug. 01, 2018
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

INVESTORS CASH TRUST | DWS Treasury Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

DEUTSCHE DWS INVESTMENT TRUST | DWS Core Equity Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

DEUTSCHE DWS INVESTMENT TRUST | DWS CROCI US Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

DEUTSCHE DWS INVESTMENT TRUST | DWS Mid Cap Value Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

DEUTSCHE DWS INVESTMENT TRUST | DWS Capital Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

DEUTSCHE DWS GLOBAL/INTERNATIONAL FUND, INC. | DWS European Equity Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

DEUTSCHE DWS GLOBAL/INTERNATIONAL FUND, INC. | DWS High Conviction Global Bond Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

DEUTSCHE DWS INCOME TRUST | DWS Short Duration Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

DEUTSCHE DWS INCOME TRUST | DWS GNMA Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

DEUTSCHE DWS INCOME TRUST | DWS Fixed Income Opportunities Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

DEUTSCHE DWS INCOME TRUST | DWS Short Duration High Income Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

DEUTSCHE DWS INCOME TRUST | DWS High Income Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

DEUTSCHE DWS INCOME TRUST | DWS Multisector Income Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

DEUTSCHE DWS INTERNATIONAL FUND, INC. | DWS World Dividend Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

DEUTSCHE DWS PORTFOLIO TRUST | DWS Floating Rate Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

DEUTSCHE DWS ASSET ALLOCATION TRUST | DWS Multi-Asset Global Allocation Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

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 CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

DEUTSCHE DWS STATE TAX-FREE INCOME SERIES | DWS California Tax-Free Income Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

DEUTSCHE DWS STATE TAX-FREE INCOME SERIES | DWS New York Tax-Free Income Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

CASH ACCOUNT TRUST | DWS Tax-Exempt Portfolio  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

SUPPLEMENT TO THE CURRENTLY EFFECTIVE CLASS S PROSPECTUSES 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 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 European Equity Fund

DWS Fixed Income Opportunities 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 Health and Wellness Fund

DWS High Conviction Global Bond 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 Mid Cap Value Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Global Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS Multisector Income 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 Duration High Income 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 Tax-Exempt Portfolio

DWS Total Return Bond Fund

DWS Treasury Portfolio

DWS World Dividend Fund

The following changes are effective on or about February 11, 2019:

The following disclosure is added to the first paragraph under the "Fees and Expenses of the Fund" section of each fund's summary section of the prospectus.

You may be required to pay commissions and/or other forms of compensation to a broker for transactions in Class S shares, which are not reflected in the tables or the example below.

XML 10 R4.htm IDEA: XBRL DOCUMENT v3.10.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName CASH ACCOUNT TRUST
Prospectus Date rr_ProspectusDate Aug. 01, 2018
Document Creation Date dei_DocumentCreationDate Dec. 06, 2018
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