0001752724-21-214761.txt : 20210930 0001752724-21-214761.hdr.sgml : 20210930 20210930133624 ACCESSION NUMBER: 0001752724-21-214761 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20210731 FILED AS OF DATE: 20210930 DATE AS OF CHANGE: 20210930 EFFECTIVENESS DATE: 20210930 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: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-00043 FILM NUMBER: 211294609 BUSINESS ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 BUSINESS PHONE: 212-454-4500 MAIL ADDRESS: STREET 1: 875 THIRD AVENUE CITY: NEW YORK STATE: NY ZIP: 10022-6225 FORMER COMPANY: FORMER CONFORMED NAME: DEUTSCHE INVESTMENT TRUST DATE OF NAME CHANGE: 20140811 FORMER COMPANY: FORMER CONFORMED NAME: DWS INVESTMENT TRUST DATE OF NAME CHANGE: 20060207 FORMER COMPANY: FORMER CONFORMED NAME: INVESTMENT TRUST DATE OF NAME CHANGE: 19980529 0000088064 S000005707 DWS Large Cap Focus Growth Fund C000015684 Class A SGGAX C000015687 Class C SGGCX C000015689 Class S SCQGX C000015690 Institutional Class SGGIX C000186441 Class T SGGTX N-CEN 1 primary_doc.xml X0404 N-CEN LIVE 0000088064 XXXXXXXX 811-00043 false false false N-1A S000005707 C000186441 C000015690 C000015684 C000015689 C000015687 DEUTSCHE DWS INVESTMENT TRUST 811-00043 0000088064 C6V3ZVV42DUKQSHF6341 875 Third Avenue NEW YORK 10022-6225 US-NY US 212-454-4500 DST Systems, Inc. 333 West 11th Street Kansas City 64105-1628 816-435-8655 Book and records related to sub-transfer agency services and shareholder services. Iron Mountain Incorporated 12646 NW 115th Avenue Medley 33178-3179 773-579-6210 General books and records related to Registrant. DWS Distributors, Inc. 222 South Riverside Plaza Chicago 60606-5808 312-537-4511 Book and records related to distributor services. DWS Investment Management Americas, Inc. 5022 Gate Parkway Jacksonville 32256-7019 904-645-1070 Book and records related to advisory and administrative services. State Street Bank and Trust Company State Street Financial Center One Lincoln Street Boston 02111-2900 617-786-3000 Book and records related to custodian, accounting and sub-administrator services. DWS Investment Management Americas, Inc. 875 Third Avenue New York 10022-6225 212-454-4500 Book and records related to advisory and administrative services. DWS Investment Management Americas, Inc. 100 Summer Street Boston 02110-2146 617-295-1000 Book and records related to advisory and administrative services. N N N-1A 8 Y Dr. Richard J. Herring N/A N William McClayton N/A N John W. Ballantine N/A N Rebecca W. Rimel N/A N Keith R. Fox, CFA N/A N William N. Searcy, Jr. N/A N Dawn-Marie Driscoll N/A N Scott D. Hogan N/A 100 Summer Street Boston 02110 XXXXXX N N N N N DWS Distributors, Inc. 8-47765 000037306 5299007T18XBURKJ1V64 Y N Ernst & Young LLP 42 00000000000000000000 N N N N N N DWS Large Cap Focus Growth Fund S000005707 N54P7WZ8V60FHYNTXB45 N 5 0 0 N/A N N Y N N Deutsche Bank Aktiengesellschaft 7LTWFZYICNSX8D621K86 Y N Revenue sharing split 15677253.00000000 39335.00000000 Rule 32a-4 (17 CFR 270.32a-4) Rule 22d-1 (17 CFR 270.22d-1) Rule 12d1-1 (17 CFR 270.12d1-1) Y Y N N DWS Investment Management Americas, Inc. 801-252 000104518 CZ83K4EEEX8QVCT3B128 N DWS Service Company 84-1713 529900CQVDVATODQA941 Y N DST Systems, Inc. 84-00448 21B7QCD05XOK0YTYOP98 N Y N Refinitiv US Holdings Inc. 549300NF240HXJO7N016 N ICE Data Services, Inc. 13-3668779 Tax ID N N State Street Trust Company Canada 549300L71XG2CTQ2V827 CA N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Credit Suisse (Schweiz) AG 549300CWR0W0BCS9Q144 CH N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) The Hongkong and Shanghai Banking Corporation Limited (Sydney, NSW, AU, Branch) 2HI3YI5320L3RW6NJ957 AU N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) The Hongkong and Shanghai Banking Corporation Limited (Chuo ku, Tokyo, JP, Branch) 2HI3YI5320L3RW6NJ957 JP N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Clearstream Banking S.A. 549300OL514RA0SXJJ44 LU N Y Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) BNP Paribas Securities Services (Paris, Paris, FR, Branch) 549300WCGB70D06XZS54 FR N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) State Street Bank International GmbH ZMHGNT7ZPKZ3UFZ8EO46 DE N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) The Hongkong and Shanghai Banking Corporation Limited 2HI3YI5320L3RW6NJ957 HK N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) State Street Bank and Trust Company (Edinburgh, GB, Branch) 571474TGEMMWANRLN572 GB N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Citibank, National Association (Sao Paulo, Sao Paulo, BR, Branch) E57ODZWZ7FF32TWEFA76 BR N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) Royal Bank of Canada ES7IP3U3RHIGC71XBU11 CA N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) State Street Bank and Trust Company 571474TGEMMWANRLN572 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) Y DWS Service Company 529900CQVDVATODQA941 Y N DST Systems, Inc. 21B7QCD05XOK0YTYOP98 N Y N State Street Bank and Trust Company 571474TGEMMWANRLN572 N Y DWS Investment Management Americas, Inc. CZ83K4EEEX8QVCT3B128 Y N N Deutsche Securities Saudi Arabia LLC N/A N/A 529900CKC4TXHVRKX638 SA 0.00000000 Deutsche Bank Aktiengesellschaft (New Delhi, Delhi, IN, Branch) N/A N/A 7LTWFZYICNSX8D621K86 IN 0.00000000 Deutsche Bank Securities Inc. (Boston, MA, US, Branch) 8-17822 000002525 9J6MBOOO7BECTDTUZW19 0.00000000 DWS Distributors, Inc. (Boston, MA, US, Branch) 8-47765 000037306 5299007T18XBURKJ1V64 0.00000000 Deutsche Bank, Sociedad Anonima Espanola N/A N/A 529900SICIK5OVMVY186 ES 0.00000000 Deutsche Bank Securities Limited N/A N/A 529900AZS6GG6GBDMN90 CA 0.00000000 Deutsche Bank Aktiengesellschaft (Chennai, Tamil Nadu, IN, Branch) N/A N/A 7LTWFZYICNSX8D621K86 IN 0.00000000 Deutsche Bank Aktiengesellschaft (Dubai, Dubai, AE, Branch) N/A N/A 7LTWFZYICNSX8D621K86 AE 0.00000000 Deutsche Bank Securities Inc. (Miami, FL, US, Branch) 8-17822 000002525 9J6MBOOO7BECTDTUZW19 0.00000000 Limited Liability Company 'Deutsche Bank' N/A N/A 529900EHFBA8MNCV8M81 RU 0.00000000 Deutsche Bank Aktiengesellschaft (Bangkok, Bangkok, TH, Branch) N/A N/A 7LTWFZYICNSX8D621K86 TH 0.00000000 Deutsche Securities Korea Co., Ltd N/A N/A 529900J0N5FYROZOL786 KR 0.00000000 Deutsche Bank Aktiengesellschaft (Colombo, Western, LK, Branch) N/A N/A 7LTWFZYICNSX8D621K86 LK 0.00000000 Deutsche Bank Securities Inc. (Los Angeles, CA, US, Branch) 8-17822 000002525 9J6MBOOO7BECTDTUZW19 0.00000000 Deutsche Bank Aktiengesellschaft (Budapest, HU, Branch) N/A N/A 7LTWFZYICNSX8D621K86 HU 0.00000000 Deutsche Securities, S.A. de C.V., Casa de Bolsa N/A N/A 529900G9Z4I79FGUE649 MX 0.00000000 Deutsche Equities India Private Limited N/A N/A 529900K9ENYPTKECK071 IN 0.00000000 Deutsche Securities Inc. N/A N/A 529900CK34A0NLD3NN83 JP 0.00000000 Deutsche Bank Aktiengesellschaft (Bangalore, Karnataka, IN, Branch) N/A N/A 7LTWFZYICNSX8D621K86 IN 0.00000000 Deutsche Bank Securities Inc. (Chicago, IL, US, Branch) 8-17822 000002525 9J6MBOOO7BECTDTUZW19 0.00000000 Deutsche Bank Aktiengesellschaft (Mumbai, Maharashtra, IN, Branch) N/A N/A 7LTWFZYICNSX8D621K86 IN 0.00000000 DWS Investments Hong Kong Limited N/A 000139666 529900RX8DKTJ81MHL26 HK 0.00000000 Deutsche Capital Markets Australia Limited N/A N/A 529900J30GWJRSJWJL27 AU 0.00000000 Deutsche Bank Aktiengesellschaft (Athens, Attica, GR, Branch) N/A N/A 7LTWFZYICNSX8D621K86 GR 0.00000000 DWS Distributors, Inc. (New York, NY, US, Branch) 8-47765 000037306 5299007T18XBURKJ1V64 0.00000000 Deutsche Bank Aktiengesellschaft (Makati City, Metro Manila, PH, Branch) N/A N/A 7LTWFZYICNSX8D621K86 PH 0.00000000 Deutsche Securities Asia Limited N/A N/A 529900D90NAWLSQNTI12 HK 0.00000000 TFS-ICAP Holdings Limited N/A N/A 00000000000000000000 GB 0.00000000 TFS-ICAP, LLC N/A N/A 549300E9RR7X18FR6M91 0.00000000 Deutsche Securities Sociedad Anonima N/A N/A 529900PRFI5MR42T8K28 AR 0.00000000 DWS Distributors, Inc. 8-47765 000037306 5299007T18XBURKJ1V64 0.00000000 Deutsche Bank Aktiengesellschaft N/A N/A 7LTWFZYICNSX8D621K86 DE 0.00000000 Deutsche Bank Aktiengesellschaft (Yau Tsim Mong, Kowloon, HK, Branch) N/A N/A 7LTWFZYICNSX8D621K86 HK 0.00000000 Deutsche Bank Securities Inc. 8-17822 000002525 9J6MBOOO7BECTDTUZW19 0.00000000 Deutsche Bank Aktiengesellschaft (Jongno-gu, Seoul, KR, Branch) N/A N/A 7LTWFZYICNSX8D621K86 KR 0.00000000 DWS Investments Japan Limited N/A N/A 529900GOHDG5JKIJXT78 JP 0.00000000 DWS Distributors, Inc. (Costa Mesa, CA, US, Branch) 8-47765 000037306 5299007T18XBURKJ1V64 0.00000000 Deutsche Bank Securities Inc. (San Francisco, CA, US, Branch) 8-17822 000002525 9J6MBOOO7BECTDTUZW19 0.00000000 HGI (USA) Investments LLC 8-69176 000165614 0005137684 0.00000000 Deutsche Bank Aktiengesellschaft (Prague, Prague, CZ, Branch) N/A N/A 7LTWFZYICNSX8D621K86 CZ 0.00000000 DWS Distributors, Inc. (Jersey City, NJ, US, Branch) 8-47765 000037306 5299007T18XBURKJ1V64 0.00000000 DWS Distributors, Inc. (Jacksonville, FL, US, Branch) 8-47765 000037306 5299007T18XBURKJ1V64 0.00000000 Deutsche Oppenheim Family Office AG N/A N/A 5299003G9CMV5CY1FU81 DE 0.00000000 Deutsche Securities Australia Limited N/A N/A 529900JDL9OTL8IG2U56 AU 0.00000000 Harvest Global Investments Limited N/A 000157964 254900HXNL2VW0JOFU39 HK 0.00000000 Deutsche Bank Securities Inc. (Jacksonville, FL, US, Branch) 8-17822 000002525 9J6MBOOO7BECTDTUZW19 0.00000000 Deutsche Bank Societa per Azioni N/A N/A 529900SS7ZWCX82U3W60 IT 0.00000000 Deutsche Bank Aktiengesellschaft (Kolkata, West Bengal, IN, Branch) N/A N/A 7LTWFZYICNSX8D621K86 IN 0.00000000 Deutsche Bank Aktiengesellschaft (Stockholm, Stockholm, SE, Branch) N/A N/A 7LTWFZYICNSX8D621K86 SE 0.00000000 Deutsche Bank Aktiengesellschaft (Riyadh, Riyadh, SA, Branch) N/A N/A 7LTWFZYICNSX8D621K86 SA 0.00000000 DB International (Asia) Limited N/A N/A 529900396G5HWCV38G39 SG 0.00000000 Deutsche Bank Aktiengesellschaft (Zurich, Zurich, CH, Branch) N/A N/A 7LTWFZYICNSX8D621K86 CH 0.00000000 Yieldbroker Pty Limited N/A N/A 549300QRJM24CLE17N18 AU 0.00000000 RBC Capital Markets, LLC 8-45411 000031194 549300LCO2FLSSVFFR64 2368.35000000 Credit Suisse Securities (USA) LLC 8-422 000000816 1V8Y6QCX6YMJ2OELII46 560.00000000 Morgan Stanley & Co. LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 3140.36000000 Goldman Sachs & Co. LLC 8-129 000000361 FOR8UP27PHTHYVLBNG30 11882.21000000 BofA Securities, Inc. 8-69787 000283942 549300HN4UKV1E2R3U73 1829.57000000 UBS Securities LLC 8-22651 000007654 T6FIZBDPKLYJKFCRVK44 1974.60000000 Barclays Capital Inc. 8-41342 000019714 AC28XWWI3WIBK2824319 795.38000000 Citigroup Global Markets Inc. 8-8177 000007059 MBNUM2BPBDO7JBLYG310 6401.51000000 Mizuho Securities USA LLC 8-37710 000019647 7TK5RJIZDFROZCA6XF66 2529.35000000 J.P. Morgan Securities LLC 8-35008 000000079 ZBUT11V806EZRVTWT807 9227.66000000 42143.99000000 Goldman Sachs & Co. LLC 8-129 000000361 FOR8UP27PHTHYVLBNG30 10272793.00000000 Morgan Stanley & Co. LLC 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 1856012.00000000 Barclays Capital Inc. 8-41342 000019714 AC28XWWI3WIBK2824319 42864.00000000 J.P. Morgan Securities LLC 8-35008 000000079 ZBUT11V806EZRVTWT807 6342016.00000000 BofA Securities, Inc. 8-69787 000283942 549300HN4UKV1E2R3U73 901590.00000000 State Street Bank and Trust Company N/A N/A 571474TGEMMWANRLN572 124306464.69000000 143721739.69000000 Y 352126858.95307692 Committed 350000000.00000000 N N N N true true INTERNAL CONTROL RPT 2 NCEN_811-00043_4076942180.txt Report of Independent Registered Public Accounting Firm To the Board of Trustees of Deutsche DWS Investment Trust and Shareholders of DWS Large Cap Focus Growth Fund: In planning and performing our audit of the financial statements of DWS Large Cap Focus Growth Fund (the "Fund") (one of the funds constituting Deutsche DWS Investment Trust) (the "Trust"), as of and for the year ended July 31, 2021, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered the Trust's internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Trust's internal control over financial reporting. Accordingly, we express no such opinion. The management of the Trust is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with U.S. generally accepted accounting principles. A company's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with U.S. generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company's assets that could have a material effect on the financial statements. Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company's annual or interim financial statements will not be prevented or detected on a timely basis. Our consideration of the Trust's internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Trust's internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be a material weakness as defined above as of July 31, 2021. This report is intended solely for the information and use of management and the Board of Trustees of Deutsche DWS Investment Trust and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties. /s/ Ernst & Young LLP Boston, Massachusetts September 24, 2021 LEGAL PROCEEDINGS 3 NCEN_811-00043_8642073782.txt Item G.1.a.i - Deutsche DWS Investment Trust (formerly DWS Investment Trust) On December 7, 2010, Deutsche DWS Investment Trust (formerly DWS Investment Trust) (the "Trust") was named as a defendant in the First Amended Complaint filed by the Official Committee of Unsecured Creditors in the U.S. Bankruptcy Court for the District of Delaware in the lawsuit styled Official Committee of Unsecured Creditors of Tribune Company, et al., v. Fitzsimons et al. (the "Lawsuit"). The Lawsuit arises out of a leveraged buyout transaction ("LBO") in 2007 by which loans were made to the Tribune Company to fund the LBO and shares of the Tribune Company held by shareholders were tendered for or were converted to a right to receive cash. Following the completion of the LBO in 2007, the Tribune Company filed for bankruptcy. The Lawsuit seeks to recover all payments made to the shareholders in the LBO. The Lawsuit has been consolidated in a multi-district litigation (the "Tribune MDL") in the United States District Court for the Southern District of New York, case no. 12-MC-2296 (the "District Court"). On January 6, 2017, the District Court dismissed with prejudice the only claim (for avoidance of alleged intentional fraudulent transfers) asserted against the shareholder defendants named in the Lawsuit. On April 4, 2019, the plaintiff in the Lawsuit filed a motion to amend his complaint to add constructive fraudulent conveyance claims against shareholder defendants based on an alleged change in governing law resulting from the Supreme Court's decision in FTI Consulting, Inc. v. Merit Management Group, 830 F.3d 690 (7th Cir. 2016). On April 23, 2019, the District Court denied that motion. On July 15, 2019, the plaintiff in the Lawsuit filed a notice of appeal to the Second Circuit for these District Court rulings in the Lawsuit. On August 20, 2021, the Second Circuit affirmed dismissal of the Trustee's intentional fraudulent conveyance claims and affirmed the District Court's denial of the Trustee's request to amend his complaint. On September 3, 2021, the Trustee filed a motion for rehearing en banc before the Second Circuit, which remains pending. We express no opinion on the likely outcome of these matters. Management is currently assessing the Lawsuit and has not yet determined the effect, if any, on any series of the Trust. None of the Trust's current Series have exposure in the litigation. A former Series of the Trust, DWS S&P 500 Index Fund, had been a beneficial holder of shares of the Tribune Company. DWS S&P 500 Index Fund was reorganized from the Trust into Deutsche DWS Institutional Funds on April 29, 2011.