# EDGAR Filing Document

**Accession Number:** 0000088064
**File Stem:** 0000088053-26-000141
**Filing Date:** 2026-2
**Character Count:** 38123
**Document Hash:** acb7f26493c3b4526b801d2d9f18e506
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000088053-26-000141.hdr.sgml**: 20260223

**ACCESSION NUMBER**: 0000088053-26-000141

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20260223

**DATE AS OF CHANGE**: 20260223

**EFFECTIVENESS DATE**: 20260223

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DEUTSCHE DWS ASSET ALLOCATION TRUST
- **CENTRAL INDEX KEY:** 0000926425

**ORGANIZATION NAME:**
- **EIN:** 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:** 26664837

**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 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
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DEUTSCHE DWS SECURITIES TRUST
- **CENTRAL INDEX KEY:** 0000088048

**ORGANIZATION NAME:**
- **EIN:** 132661231
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-36238
- **FILM NUMBER:** 26664840

**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 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 INTERNATIONAL FUND, INC.
- **CENTRAL INDEX KEY:** 0000088053

**ORGANIZATION NAME:**
- **EIN:** 132827803
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-14400
- **FILM NUMBER:** 26664846

**BUSINESS ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225
- **BUSINESS PHONE:** 212-454-4500

**MAIL ADDRESS:**
- **STREET 1:** 875 THIRD AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10022-6225

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DEUTSCHE INTERNATIONAL FUND, INC.
- **DATE OF NAME CHANGE:** 20140811

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DWS INTERNATIONAL FUND, INC.
- **DATE OF NAME CHANGE:** 20060207

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SCUDDER INTERNATIONAL FUND INC
- **DATE OF NAME CHANGE:** 19920703
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DEUTSCHE DWS PORTFOLIO TRUST
- **CENTRAL INDEX KEY:** 0000088063

**ORGANIZATION NAME:**
- **EIN:** 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:** 26664841

**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 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

**ORGANIZATION NAME:**
- **EIN:** 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:** 26664845

**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
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DEUTSCHE DWS MARKET TRUST
- **CENTRAL INDEX KEY:** 0000095603

**ORGANIZATION NAME:**
- **EIN:** 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:** 26664844

**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 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 TAX FREE TRUST
- **CENTRAL INDEX KEY:** 0000711600

**ORGANIZATION NAME:**
- **EIN:** 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:** 26664838

**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 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

**ORGANIZATION NAME:**
- **EIN:** 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:** 26664839

**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 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

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 002-91577
- **FILM NUMBER:** 26664848

**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 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

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-05724
- **FILM NUMBER:** 26664849

**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 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

**ORGANIZATION NAME:**
- **EIN:** 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:** 26664847

**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 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:** DEUTSCHE DWS MONEY FUNDS
- **CENTRAL INDEX KEY:** 0000055189

**ORGANIZATION NAME:**
- **EIN:** 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:** 26664843

**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 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

**ORGANIZATION NAME:**
- **EIN:** 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:** 26664842

**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 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

## Series and Classes Contracts Data

### DWS Money Market Prime Series (Series ID: S000006073)

---

|  |  |  |
|:---|:---|:---|
| Class Name                          | Ticker Symbol | Class ID   |
| DWS Cash Investment Trust - Class A | DOAXX         | C000035161 |
| DWS Cash Investment Trust - Class C | DOCXX         | C000035163 |

---

### DWS Health and Wellness Fund (Series ID: S000006103)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | SUHAX         | C000016782 |
| Class C    | SUHCX         | C000016785 |

---

### DWS Digital Horizons Fund (Series ID: S000032042)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | COMAX         | C000099770 |

---

### DWS Enhanced Commodity Strategy Fund (Series ID: S000032043)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | SKNRX         | C000099775 |
| Class C    | SKCRX         | C000099777 |

---

### DWS RREEF Global Real Estate Securities Fund (Series ID: S000032044)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | RRGAX         | C000099780 |
| Class C    | RRGCX         | C000099781 |

---

### DWS RREEF Real Estate Securities Fund (Series ID: S000032045)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | RRRAX         | C000099785 |
| Class C    | RRRCX         | C000099787 |

---

### DWS CROCI International Fund (Series ID: S000006030)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | SUIAX         | C000016568 |
| Class C    | SUICX         | C000016571 |

---

### DWS Total Return Bond Fund (Series ID: S000006101)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | SZIAX         | C000016770 |
| Class C    | SZICX         | C000016773 |

---

### DWS Floating Rate Fund (Series ID: S000017996)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | DFRAX         | C000049879 |
| Class C    | DFRCX         | C000049880 |

---

### DWS Capital Growth Fund (Series ID: S000005705)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | SDGAX         | C000015670 |
| Class C    | SDGCX         | C000015673 |

---

### DWS Core Equity Fund (Series ID: S000005706)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | SUWAX         | C000015677 |
| Class C    | SUWCX         | C000015680 |

---

### DWS Large Cap Focus Growth Fund (Series ID: S000005707)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | SGGAX         | C000015684 |
| Class C    | SGGCX         | C000015687 |

---

### DWS Small Cap Core Fund (Series ID: S000005709)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | SZCAX         | C000015696 |
| Class C    | SZCCX         | C000015699 |

---

### DWS Small Cap Growth Fund (Series ID: S000031150)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | SSDAX         | C000096645 |
| Class C    | SSDCX         | C000096647 |

---

### DWS CROCI U.S. Fund (Series ID: S000048744)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | DCUAX         | C000153533 |
| Class C    | DCUCX         | C000153534 |

---

### DWS RREEF Real Assets Fund (Series ID: S000032019)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | AAAAX         | C000099688 |
| Class C    | AAAPX         | C000099689 |

---

### DWS Strategic High Yield Tax-Free Fund (Series ID: S000006094)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | NOTAX         | C000016734 |
| Class C    | NOTCX         | C000016737 |

---

### DWS Managed Municipal Bond Fund (Series ID: S000006095)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | SMLAX         | C000016740 |
| Class C    | SMLCX         | C000016743 |

---

### DWS Short-Term Municipal Bond Fund (Series ID: S000031144)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | SRMAX         | C000096616 |
| Class C    | SRMCX         | C000096618 |

---

### DWS Intermediate Tax-Free Fund (Series ID: S000006133)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | SZMAX         | C000016867 |
| Class C    | SZMCX         | C000016870 |

---

### DWS California Tax-Free Income Fund (Series ID: S000006111)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | KCTAX         | C000016814 |
| Class C    | KCTCX         | C000016816 |

---

### DWS New York Tax-Free Income Fund (Series ID: S000006112)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | KNTAX         | C000016818 |
| Class C    | KNTCX         | C000016820 |

---

### DWS Massachusetts Tax-Free Fund (Series ID: S000033433)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | SQMAX         | C000102799 |
| Class C    | SQMCX         | C000102801 |

---

### DWS GNMA Fund (Series ID: S000005964)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | GGGGX         | C000075469 |
| Class C    | GCGGX         | C000075470 |

---

### DWS Short Duration Fund (Series ID: S000031152)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | PPIAX         | C000096654 |
| Class C    | PPLCX         | C000096656 |

---

### DWS High Income Fund (Series ID: S000031154)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | KHYAX         | C000096664 |
| Class C    | KHYCX         | C000096666 |

---

### DWS Global High Income Fund (Series ID: S000031157)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | SGHAX         | C000096677 |
| Class C    | SGHCX         | C000096679 |

---

### DWS International Opportunities Fund (Series ID: S000005469)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | SGQAX         | C000014890 |
| Class C    | SGQCX         | C000014893 |

---

### DWS RREEF Global Infrastructure Fund (Series ID: S000022444)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | TOLLX         | C000064595 |
| Class C    | TOLCX         | C000064596 |

---

### DWS S&P 500 Index Fund (Series ID: S000032010)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | SXPAX         | C000099641 |
| Class C    | SXPCX         | C000099643 |

---

### DWS Multi-Asset Moderate Allocation Fund (Series ID: S000006098)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | PLUSX         | C000016756 |
| Class C    | PLSCX         | C000016758 |

---

### DWS Equity Sector Strategy Fund (Series ID: S000006099)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | SUPAX         | C000016760 |
| Class C    | SUPCX         | C000016763 |

---

### DWS Multi-Asset Conservative Allocation Fund (Series ID: S000006100)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | SPDAX         | C000016765 |
| Class C    | SPDCX         | C000016768 |

---

## Series and Classes Contracts Data

### DWS Money Market Prime Series (Series ID: S000006073)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000035161 | DWS Cash Investment Trust - Class A | DOAXX           |
| C000035163 | DWS Cash Investment Trust - Class C | DOCXX           |

### DWS Health and Wellness Fund (Series ID: S000006103)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000016782 | Class A      | SUHAX           |
| C000016785 | Class C      | SUHCX           |

### DWS Digital Horizons Fund (Series ID: S000032042)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000099770 | Class A      | COMAX           |

### DWS Enhanced Commodity Strategy Fund (Series ID: S000032043)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000099775 | Class A      | SKNRX           |
| C000099777 | Class C      | SKCRX           |

### DWS RREEF Global Real Estate Securities Fund (Series ID: S000032044)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000099780 | Class A      | RRGAX           |
| C000099781 | Class C      | RRGCX           |

### DWS RREEF Real Estate Securities Fund (Series ID: S000032045)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000099785 | Class A      | RRRAX           |
| C000099787 | Class C      | RRRCX           |

### DWS CROCI International Fund (Series ID: S000006030)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000016568 | Class A      | SUIAX           |
| C000016571 | Class C      | SUICX           |

### DWS Total Return Bond Fund (Series ID: S000006101)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000016770 | Class A      | SZIAX           |
| C000016773 | Class C      | SZICX           |

### DWS Floating Rate Fund (Series ID: S000017996)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000049879 | Class A      | DFRAX           |
| C000049880 | Class C      | DFRCX           |

### DWS Capital Growth Fund (Series ID: S000005705)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000015670 | Class A      | SDGAX           |
| C000015673 | Class C      | SDGCX           |

### DWS Core Equity Fund (Series ID: S000005706)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000015677 | Class A      | SUWAX           |
| C000015680 | Class C      | SUWCX           |

### DWS Large Cap Focus Growth Fund (Series ID: S000005707)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000015684 | Class A      | SGGAX           |
| C000015687 | Class C      | SGGCX           |

### DWS Small Cap Core Fund (Series ID: S000005709)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000015696 | Class A      | SZCAX           |
| C000015699 | Class C      | SZCCX           |

### DWS Small Cap Growth Fund (Series ID: S000031150)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000096645 | Class A      | SSDAX           |
| C000096647 | Class C      | SSDCX           |

### DWS CROCI U.S. Fund (Series ID: S000048744)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000153533 | Class A      | DCUAX           |
| C000153534 | Class C      | DCUCX           |

### DWS RREEF Real Assets Fund (Series ID: S000032019)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000099688 | Class A      | AAAAX           |
| C000099689 | Class C      | AAAPX           |

### DWS Strategic High Yield Tax-Free Fund (Series ID: S000006094)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000016734 | Class A      | NOTAX           |
| C000016737 | Class C      | NOTCX           |

### DWS Managed Municipal Bond Fund (Series ID: S000006095)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000016740 | Class A      | SMLAX           |
| C000016743 | Class C      | SMLCX           |

### DWS Short-Term Municipal Bond Fund (Series ID: S000031144)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000096616 | Class A      | SRMAX           |
| C000096618 | Class C      | SRMCX           |

### DWS Intermediate Tax-Free Fund (Series ID: S000006133)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000016867 | Class A      | SZMAX           |
| C000016870 | Class C      | SZMCX           |

### DWS California Tax-Free Income Fund (Series ID: S000006111)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000016814 | Class A      | KCTAX           |
| C000016816 | Class C      | KCTCX           |

### DWS New York Tax-Free Income Fund (Series ID: S000006112)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000016818 | Class A      | KNTAX           |
| C000016820 | Class C      | KNTCX           |

### DWS Massachusetts Tax-Free Fund (Series ID: S000033433)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000102799 | Class A      | SQMAX           |
| C000102801 | Class C      | SQMCX           |

### DWS GNMA Fund (Series ID: S000005964)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000075469 | Class A      | GGGGX           |
| C000075470 | Class C      | GCGGX           |

### DWS Short Duration Fund (Series ID: S000031152)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000096654 | Class A      | PPIAX           |
| C000096656 | Class C      | PPLCX           |

### DWS High Income Fund (Series ID: S000031154)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000096664 | Class A      | KHYAX           |
| C000096666 | Class C      | KHYCX           |

### DWS Global High Income Fund (Series ID: S000031157)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000096677 | Class A      | SGHAX           |
| C000096679 | Class C      | SGHCX           |

### DWS International Opportunities Fund (Series ID: S000005469)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000014890 | Class A      | SGQAX           |
| C000014893 | Class C      | SGQCX           |

### DWS RREEF Global Infrastructure Fund (Series ID: S000022444)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000064595 | Class A      | TOLLX           |
| C000064596 | Class C      | TOLCX           |

### DWS S&P 500 Index Fund (Series ID: S000032010)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000099641 | Class A      | SXPAX           |
| C000099643 | Class C      | SXPCX           |

### DWS Multi-Asset Moderate Allocation Fund (Series ID: S000006098)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000016756 | Class A      | PLUSX           |
| C000016758 | Class C      | PLSCX           |

### DWS Equity Sector Strategy Fund (Series ID: S000006099)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000016760 | Class A      | SUPAX           |
| C000016763 | Class C      | SUPCX           |

### DWS Multi-Asset Conservative Allocation Fund (Series ID: S000006100)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000016765 | Class A      | SPDAX           |
| C000016768 | Class C      | SPDCX           |

**SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUSES**

------

DWS California Tax-Free Income Fund

DWS Capital Growth Fund

DWS Core Equity Fund

DWS CROCI<sup>®</sup> International Fund

DWS CROCI<sup>®</sup> U.S. Fund

DWS Digital Horizons Fund

DWS Enhanced Commodity Strategy Fund

DWS Equity Sector Strategy Fund

DWS Floating Rate Fund

DWS Global High Income Fund

DWS GNMA Fund

DWS Health and Wellness Fund

DWS High Income Fund

DWS Intermediate Tax-Free Fund

DWS International Opportunities Fund

DWS Large Cap Focus Growth Fund

DWS Managed Municipal Bond Fund

DWS Massachusetts Tax-Free Fund

DWS Money Market Prime Series

DWS Multi-Asset Conservative Allocation Fund

DWS Multi-Asset Moderate Allocation Fund

DWS New York Tax-Free Income Fund

DWS RREEF Global Infrastructure Fund

DWS RREEF Global Real Estate Securities Fund

DWS RREEF Real Assets Fund

DWS RREEF Real Estate Securities Fund

DWS S&P 500 Index Fund

DWS Short Duration 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 Total Return Bond Fund

------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

*The following disclosure replaces similar existing disclosure under the "SALES CHARGE WAIVERS AND DISCOUNTS AVAILABLE THROUGH INTERMEDIARIES" sub-section under the "APPENDIX B" section of each fund's prospectus.*

**MERRILL LYNCH SALES CHARGE WAIVERS AND DISCOUNTS**

Purchases or sales of front-end (i.e. Class A) or level-load (i.e. Class C) mutual fund shares through a Merrill platform or account will be eligible only for the following sales load waivers (front-end, contingent deferred, or back-end waivers) and discounts, which differ from those disclosed elsewhere in this Fund's prospectus. Purchasers will have to buy mutual fund shares directly from the mutual fund company or through another intermediary to be eligible for waivers or discounts not listed below.

It is the client's responsibility to notify Merrill at the time of purchase or sale of any relationship or other facts that qualify the transaction for a waiver or discount. A Merrill representative may ask for reasonable documentation of such facts and Merrill may condition the granting of a waiver or discount on the timely receipt of such documentation.

Additional information on waivers and discounts is available in the Merrill Sales Load Waiver and Discounts Supplement (the "Merrill SLWD Supplement") and in the Mutual Fund Investing at Merrill pamphlet at ml.com/funds (the referenced Merrill documents and Web site do not form a part of this prospectus). Clients are encouraged to review these documents and speak with their financial advisor to determine whether a transaction is eligible for a waiver or discount.

**Front-end Sales Load Waivers on Class A Shares Available at Merrill**

■

Shares of mutual funds available for purchase by employer-sponsored retirement, deferred compensation, and employee benefit plans (including health savings accounts) and trusts used to fund those plans provided the shares are not held in a commission-based brokerage account and shares are held for the benefit of the plan. For purposes of this provision, employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs, SAR-SEPs or Keogh plans.

■

Shares purchased through a Merrill investment advisory program.

■

Brokerage class shares exchanged from advisory class shares due to the holdings moving from a Merrill investment advisory program to a Merrill brokerage account.

■

Shares purchased through the Merrill Edge Self-Directed platform.

■

Shares purchased through the systematic reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same mutual fund in the same account.

■

Shares exchanged from level-load shares to front-end load shares of the same mutual fund in accordance with the description in the Merrill SLWD Supplement.

■

Shares purchased by eligible employees of Merrill or its affiliates and their family members who purchase shares in accounts within the employee's Merrill Household (as defined in the Merrill SLWD Supplement).

■

Shares purchased by eligible persons associated with the fund as defined in this prospectus (e.g., the fund's officers or trustees).

February 23, 2026

PROSTKR26-05

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■

Shares purchased from the proceeds of a mutual fund redemption in front-end load shares provided (1) the repurchase is in a mutual fund within the same fund family; (2) the repurchase occurs within 90 calendar days from the redemption trade date; and (3) the redemption and purchase occur in the same account (known as Rights of Reinstatement). Automated transactions (i.e., systematic purchases and withdrawals) and purchases made after shares are automatically sold to pay Merrill's account maintenance fees are not eligible for Rights of Reinstatement.

**Contingent Deferred Sales Charge ("CDSC") Waivers on Class A and C Shares Available at Merrill**

■

Shares sold due to the client's death or disability (as defined by Internal Revenue Code Section 22(e)(3)).

■

Shares sold pursuant to a systematic withdrawal program subject to Merrill's maximum systematic withdrawal limits as described in the Merrill SLWD Supplement.

■

Shares sold due to return of excess contributions from an IRA account.

■

Shares sold as part of a required minimum distribution for IRA and retirement accounts due to the investor reaching the qualified age based on applicable IRS regulation.

■

Front-end or level-load shares held in commission-based, non-taxable retirement brokerage accounts (e.g. traditional, Roth, rollover, SEP IRAs, Simple IRAs, SAR-SEPs or Keogh plans) that are transferred to fee-based accounts or platforms and exchanged for a lower cost share class of the same mutual fund.

**Front-end Load Discounts Available at Merrill: Breakpoints, Rights of Accumulation & Letters of Intent**

■

Breakpoint discounts, as described in this prospectus, where the sales load is at or below the maximum sales load that Merrill permits to be assessed to a front-end load purchase, as described in the Merrill SLWD Supplement.

■

Rights of Accumulation (ROA), as described in the Merrill SLWD Supplement, which entitle clients to breakpoint discounts based on the aggregated holdings of mutual fund family assets held in accounts in their Merrill Household.

On or about May 1, 2026, assets not held at Merrill will no longer be included in the ROA calculation. For more detail on the timing and calculation, please refer to the Merrill SLWD Supplement.

■

Letters of Intent (LOI), which allow for breakpoint discounts on eligible new purchases based on anticipated future eligible purchases within a fund family at Merrill, in accounts within your Merrill Household, as further described in the Merrill SLWD Supplement.

On or about May 1, 2026, Merrill will no longer accept new LOIs. For more detail on the timing, please refer to the Merrill SLWD Supplement.

**ROBERT W. BAIRD & CO. INC. – CLASS A AND C SALES CHARGE WAIVERS AND DISCOUNTS**

Effective January 1, 2026, shareholders purchasing fund shares through a Robert W. Baird & Co. Inc. ("Baird") platform or account will only be eligible for the following sales charge waivers (front-end sales charge waivers and CDSC waivers) and discounts, which may differ from those disclosed elsewhere in the fund's prospectus or SAI.

**Front-End Sales Charge Waivers on Class A Shares Available at Baird**

■

Shares purchased through reinvestment of capital gains distributions and dividend reinvestment when purchasing shares of the same fund.

■

Shares purchased by employees and registered representatives of Baird or its affiliates and their family members as designated by Baird.

■

Shares purchased within 90 days following a redemption from a DWS fund, provided (1) the redemption and purchase occur within the purchaser's Baird household and (2) the redeemed shares were subject to a front-end or deferred sales charge (known as rights of reinstatement).

■

Shareholders in a fund's Class C Shares will have their shares converted by Baird at net asset value to Class A shares of the same fund if the shares are no longer subject to a CDSC and the conversion is in line with the policies and procedures of Baird.

■

Employer-sponsored retirement plans or charitable accounts in a transactional brokerage account at Baird, including 401(k) plans, 457 plans, employer-sponsored 403(b) plans, profit sharing and money purchase pension plans and defined benefit plans. For purposes of this provision, employer-sponsored retirement plans do not include SEP IRAs, Simple IRAs or SAR-SEPs.

February 23, 2026

PROSTKR26-05

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**CDSC Waivers on Class A and C Shares Available at Baird**

■

Shares sold due to death or disability of the shareholder.

■

Shares sold as part of a systematic withdrawal plan as described in the fund's prospectus.

■

Shares bought due to returns of excess contributions from an IRA Account.

■

Shares sold as part of a required minimum distribution for IRA and retirement accounts due to the shareholder reaching the qualified age based on applicable IRS regulations as described in the fund's prospectus.

■

Shares sold to pay Baird fees but only if the transaction is initiated by Baird.

■

Shares acquired through a right of reinstatement.

**Front-End Sales Charge Discounts Available at Baird: Breakpoints, Rights of Accumulations and/or Letters of Intent**

■

Breakpoints as described in the fund's prospectus.

■

Rights of accumulation (ROA), which entitle shareholders to breakpoint discounts, will be automatically calculated based on the aggregated holding of DWS fund assets held by accounts within the purchaser's household at Baird. Eligible DWS fund assets not held at Baird may be included in the rights of accumulation calculation only if the shareholder notifies his or her financial advisor about such assets.

■

Letters of Intent (LOI) allow for breakpoint discounts based on anticipated purchases of DWS funds through Baird, over a 13-month period of time.

*Please Retain This Supplement for Future Reference*

February 23, 2026

PROSTKR26-05

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