|
|
|
Shares
|
Value ($)
|
|
|
|||
|
Common Stocks 99.7%
|
|
|
|
|
Communication Services 8.8%
|
|
||
|
Diversified Telecommunication Services 0.3%
|
|
||
|
AT&T, Inc.
|
|
24,720
|
433,589
|
|
Entertainment 2.0%
|
|
||
|
Take-Two Interactive Software, Inc.*
|
|
6,335
|
776,418
|
|
Walt Disney Co.*
|
|
25,961
|
2,909,709
|
|
Warner Bros Discovery, Inc.*
|
|
5,980
|
79,175
|
|
|
|
|
3,765,302
|
|
Interactive Media & Services 6.5%
|
|
||
|
Alphabet, Inc. “A”*
|
|
102,120
|
11,051,426
|
|
Meta Platforms, Inc. “A”*
|
|
6,345
|
1,033,791
|
|
|
|
|
12,085,217
|
|
Consumer Discretionary 11.7%
|
|
||
|
Auto Components 0.8%
|
|
||
|
Lear Corp.
|
|
11,184
|
1,550,550
|
|
Automobiles 1.8%
|
|
||
|
Ford Motor Co.
|
|
47,280
|
720,547
|
|
Tesla, Inc.*
|
|
9,780
|
2,695,466
|
|
|
|
|
3,416,013
|
|
Diversified Consumer Services 1.2%
|
|
||
|
Terminix Global Holdings, Inc.*
|
|
52,070
|
2,220,785
|
|
Hotels, Restaurants & Leisure 1.9%
|
|
||
|
Hilton Worldwide Holdings, Inc.
|
|
20,862
|
2,656,984
|
|
Starbucks Corp.
|
|
10,474
|
880,549
|
|
|
|
|
3,537,533
|
|
Household Durables 0.8%
|
|
||
|
Mohawk Industries, Inc.*
|
|
12,621
|
1,392,854
|
|
Internet & Direct Marketing Retail 1.2%
|
|
||
|
Amazon.com, Inc.*
|
|
17,392
|
2,204,784
|
|
Specialty Retail 1.9%
|
|
||
|
Five Below, Inc.*
|
|
5,439
|
695,539
|
|
Lowe's Companies, Inc.
|
|
9,239
|
1,793,660
|
|
TJX Companies, Inc.
|
|
15,624
|
974,156
|
|
|
|
|
3,463,355
|
|
Textiles, Apparel & Luxury Goods 2.1%
|
|
||
|
NIKE, Inc. “B”
|
|
32,193
|
3,426,945
|
|
PVH Corp.
|
|
8,319
|
467,944
|
|
|
|
|
3,894,889
|
|
Consumer Staples 5.7%
|
|
||
|
Beverages 4.0%
|
|
||
|
Keurig Dr Pepper, Inc.
|
|
28,330
|
1,079,940
|
|
Molson Coors Beverage Co. “B”
|
|
26,047
|
1,345,848
|
|
PepsiCo, Inc.
|
|
28,862
|
4,972,057
|
|
|
|
|
7,397,845
|
|
Food & Staples Retailing 1.2%
|
|
||
|
Albertsons Cos., Inc. “A”
|
|
79,906
|
2,198,214
|
|
Food Products 0.5%
|
|
||
|
Kellogg Co.
|
|
13,352
|
971,224
|
|
Energy 4.8%
|
|
||
|
Oil, Gas & Consumable Fuels
|
|
||
|
Cheniere Energy, Inc.
|
|
12,438
|
1,992,319
|
|
Chevron Corp.
|
|
8,641
|
1,365,796
|
|
Exxon Mobil Corp.
|
|
53,113
|
5,077,072
|
|
Valero Energy Corp.
|
|
4,442
|
520,247
|
|
|
|
|
8,955,434
|
|
Financials 10.8%
|
|
||
|
Banks 2.2%
|
|
||
|
Bank of America Corp.
|
|
85,119
|
2,860,850
|
|
JPMorgan Chase & Co.
|
|
11,561
|
1,314,832
|
|
|
|
|
4,175,682
|
|
Capital Markets 4.4%
|
|
||
|
Ameriprise Financial, Inc.
|
|
3,641
|
975,825
|
|
Invesco Ltd.
|
|
44,668
|
735,682
|
|
KKR & Co., Inc.
|
|
32,327
|
1,634,453
|
|
MSCI, Inc.
|
|
2,175
|
977,097
|
|
The Goldman Sachs Group, Inc.
|
|
8,030
|
2,671,340
|
|
Tradeweb Markets, Inc. “A”
|
|
16,098
|
1,120,260
|
|
|
|
|
8,114,657
|
|
Consumer Finance 1.4%
|
|
||
|
American Express Co.
|
|
16,975
|
2,580,200
|
|
Insurance 2.8%
|
|
||
|
Allstate Corp.
|
|
34,246
|
4,126,643
|
|
Hartford Financial Services Group, Inc.
|
|
16,178
|
1,040,407
|
|
|
|
|
5,167,050
|
|
Health Care 14.7%
|
|
||
|
Biotechnology 5.8%
|
|
||
|
Amgen, Inc.
|
|
16,356
|
3,930,347
|
|
Biogen, Inc.*
|
|
8,993
|
1,757,052
|
|
BioMarin Pharmaceutical, Inc.*
|
|
10,125
|
903,150
|
|
Regeneron Pharmaceuticals, Inc.* (a)
|
|
2,757
|
1,601,983
|
|
Vertex Pharmaceuticals, Inc.*
|
|
9,090
|
2,561,198
|
|
|
|
|
10,753,730
|
|
Health Care Providers & Services 6.6%
|
|
||
|
AmerisourceBergen Corp.
|
|
9,083
|
1,331,205
|
|
Centene Corp.*
|
|
23,057
|
2,069,135
|
|
Cigna Corp.
|
|
19,563
|
5,545,132
|
|
Elevance Health, Inc.
|
|
2,945
|
1,428,649
|
|
HCA Healthcare, Inc.
|
|
9,305
|
1,841,180
|
|
|
|
|
12,215,301
|
|
Life Sciences Tools & Services 0.2%
|
|
||
|
Adaptive Biotechnologies Corp.*
|
|
43,293
|
386,173
|
|
Pharmaceuticals 2.1%
|
|
||
|
Bristol-Myers Squibb Co.
|
|
38,371
|
2,586,589
|
|
Merck & Co., Inc.
|
|
16,149
|
1,378,479
|
|
|
|
|
3,965,068
|
|
Industrials 10.2%
|
|
||
|
Aerospace & Defense 1.2%
|
|
||
|
Howmet Aerospace, Inc.
|
|
59,742
|
2,116,659
|
|
Air Freight & Logistics 1.8%
|
|
||
|
United Parcel Service, Inc. “B”
|
|
17,414
|
3,387,197
|
|
Building Products 0.5%
|
|
||
|
Owens Corning
|
|
11,615
|
949,294
|
|
Commercial Services & Supplies 2.6%
|
|
||
|
Republic Services, Inc.
|
|
33,131
|
4,728,456
|
|
Construction & Engineering 0.6%
|
|
||
|
MDU Resources Group, Inc.
|
|
35,627
|
1,074,154
|
|
Electrical Equipment 0.3%
|
|
||
|
Vertiv Holdings Co.
|
|
42,434
|
489,264
|
|
Industrial Conglomerates 1.0%
|
|
||
|
General Electric Co.
|
|
25,641
|
1,883,075
|
|
Machinery 0.8%
|
|
||
|
Deere & Co.
|
|
4,244
|
1,550,121
|
|
Professional Services 0.9%
|
|
||
|
Verisk Analytics, Inc.
|
|
8,962
|
1,677,328
|
|
Road & Rail 0.5%
|
|
||
|
Uber Technologies, Inc.*
|
|
34,756
|
999,583
|
|
Information Technology 25.6%
|
|
||
|
Communications Equipment 1.1%
|
|
||
|
Cisco Systems, Inc.
|
|
44,402
|
1,985,657
|
|
IT Services 1.1%
|
|
||
|
Fidelity National Information Services, Inc.
|
|
11,051
|
1,009,730
|
|
Mastercard, Inc. “A”
|
|
2,118
|
687,016
|
|
PayPal Holdings, Inc.*
|
|
4,109
|
383,945
|
|
|
|
|
2,080,691
|
|
Semiconductors & Semiconductor Equipment 4.0%
|
|
||
|
Advanced Micro Devices, Inc.*
|
|
14,770
|
1,253,530
|
|
Enphase Energy, Inc.*
|
|
7,097
|
2,032,865
|
|
Intel Corp.
|
|
49,856
|
1,591,403
|
|
Micron Technology, Inc.
|
|
12,600
|
712,278
|
|
NVIDIA Corp.
|
|
6,754
|
1,019,449
|
|
QUALCOMM, Inc.
|
|
6,096
|
806,318
|
|
|
|
|
7,415,843
|
|
Software 11.0%
|
|
||
|
Microsoft Corp.
|
|
59,224
|
15,485,299
|
|
Oracle Corp.
|
|
32,209
|
2,388,297
|
|
Salesforce, Inc.*
|
|
13,374
|
2,087,949
|
|
Zoom Video Communications, Inc. “A”*
|
|
5,869
|
471,868
|
|
|
|
|
20,433,413
|
|
Technology Hardware, Storage & Peripherals 8.4%
|
|
||
|
Apple, Inc.
|
|
99,082
|
15,577,672
|
|
Materials 1.8%
|
|
||
|
Chemicals 1.4%
|
|
||
|
DuPont de Nemours, Inc.
|
|
29,403
|
1,635,983
|
|
International Flavors & Fragrances, Inc.
|
|
9,322
|
1,029,895
|
|
|
|
|
2,665,878
|
|
Metals & Mining 0.4%
|
|
||
|
Newmont Corp.
|
|
17,051
|
705,229
|
|
Real Estate 3.3%
|
|
||
|
Equity Real Estate Investment Trusts (REITs)
|
|
||
|
Alexandria Real Estate Equities, Inc.
|
|
2,607
|
399,914
|
|
Digital Realty Trust, Inc.
|
|
16,052
|
1,984,509
|
|
Iron Mountain, Inc.
|
|
48,271
|
2,539,537
|
|
VICI Properties, Inc.
|
|
36,685
|
1,210,238
|
|
|
|
|
6,134,198
|
|
Utilities 2.3%
|
|
||
|
Multi-Utilities 0.5%
|
|
||
|
Sempra Energy
|
|
5,632
|
929,111
|
|
Water Utilities 1.8%
|
|
||
|
American Water Works Co., Inc.
|
|
22,913
|
3,401,435
|
|
Total Common Stocks (Cost $153,025,128)
|
|
|
185,029,707
|
|
|
|||
|
Securities Lending Collateral 0.7%
|
|
||
|
DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional
Shares", 2.0% (b) (c)
(Cost $1,260,420)
|
|
1,260,420
|
1,260,420
|
|
|
|||
|
Cash Equivalents 0.5%
|
|
||
|
DWS Central Cash Management Government Fund,
2.09% (b) (Cost $959,824)
|
|
959,824
|
959,824
|
|
|
|||
|
|
|
% of
Net Assets
|
Value ($)
|
|
Total Investment Portfolio (Cost $155,245,372)
|
|
100.9
|
187,249,951
|
|
Other Assets and Liabilities, Net
|
|
(0.9)
|
(1,618,058)
|
|
Net Assets
|
|
100.0
|
185,631,893
|
|
Value ($) at
11/30/2021
|
Purchases
Cost ($)
|
Sales
Proceeds ($)
|
Net Realized
Gain/
(Loss) ($)
|
Net Change in
Unrealized
Appreciation
(Depreciation) ($)
|
Income ($)
|
Capital Gain
Distributions ($)
|
Number
of Shares
at
8/31/2022
|
Value ($) at
8/31/2022
|
|
Securities Lending Collateral 0.7%
|
||||||||
|
DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 2.0% (b) (c)
|
||||||||
|
4,870,073
|
—
|
3,609,653 (d)
|
—
|
—
|
1,617
|
—
|
1,260,420
|
1,260,420
|
|
Cash Equivalents 0.5%
|
||||||||
|
DWS Central Cash Management Government Fund, 2.09% (b)
|
||||||||
|
1,034,285
|
15,909,845
|
15,984,306
|
—
|
—
|
5,660
|
—
|
959,824
|
959,824
|
|
5,904,358
|
15,909,845
|
19,593,959
|
—
|
—
|
7,277
|
—
|
2,220,244
|
2,220,244
|
|
*
|
Non-income producing security.
|
|
(a)
|
All or a portion of these securities were on loan. In addition, "Other Assets and Liabilities, Net" may include pending sales
that
are also on loan. The value of securities loaned at August 31, 2022 amounted to $1,220,226, which is 0.7% of net assets.
|
|
(b)
|
Affiliated fund managed by DWS Investment Management Americas, Inc. The rate shown is the annualized seven-day yield at
period end.
|
|
(c)
|
Represents cash collateral held in connection with securities lending. Income earned by the Fund is net of borrower rebates.
|
|
(d)
|
Represents the net increase (purchase cost) or decrease (sales proceeds) in the amount invested in cash collateral for the
period
ended August 31, 2022.
|
|
Assets
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Common Stocks (a)
|
$185,029,707
|
$—
|
$—
|
$185,029,707
|
|
Short-Term Investments (a)
|
2,220,244
|
—
|
—
|
2,220,244
|
|
Total
|
$187,249,951
|
$—
|
$—
|
$187,249,951
|
|
(a)
|
See Investment Portfolio for additional detailed categorizations.
|