# EDGAR Filing Document

**Accession Number:** 0000088064
**File Stem:** 0001752724-23-047672
**Filing Date:** 2023-2
**Character Count:** 42729
**Document Hash:** 8def97fbf0a46b5c04e22e8db8e6a42d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-047672.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-047672

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20230930

**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:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-00043
- **FILM NUMBER:** 23685731

**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

## Series and Classes Contracts Data

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

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000153533 | Class A             | DCUAX           |
| C000153534 | Class C             | DCUCX           |
| C000153535 | Institutional Class | DCUIX           |
| C000153536 | Class R6            | DCURX           |
| C000153537 | Class S             | DCUSX           |
| C000176255 | Class R             | DCUTX           |

## Nport-Ex

Investment Portfolio**as of December 31, 2022 (Unaudited)** 

**DWS CROCI**<sup>®</sup> **U.S. Fund** 

---

| | | |
|:---|:---|:---|
|  | **Shares**  | **Value ($)** |
| **Common Stocks 99.3%** | **Common Stocks 99.3%** |  |
| **Communication Services 8.1%** | **Communication Services 8.1%** |  |
| **Interactive Media & Services 4.6%** | **Interactive Media & Services 4.6%** |  |
| Alphabet, Inc. "A"\* | 301453 | **26597197** |
| **Media 3.5%** | **Media 3.5%** |  |
| Fox Corp. "A"  | 540180 | 16405267 |
| TEGNA, Inc.  | 187015 | 3962848 |
|  |  | **20368115** |
| **Consumer Discretionary 10.3%** | **Consumer Discretionary 10.3%** |  |
| **Hotels, Restaurants & Leisure 1.1%** | **Hotels, Restaurants & Leisure 1.1%** |  |
| Boyd Gaming Corp. | 121811 | **6642354** |
| **Household Durables 5.3%** | **Household Durables 5.3%** |  |
| D.R. Horton, Inc.  | &nbsp;&nbsp; 247246 | &nbsp;&nbsp; 22039508 |
| Garmin Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 94489 | &nbsp;&nbsp;&nbsp; 8720390 |
|  |  | **30759898** |
| **Specialty Retail 2.5%** | **Specialty Retail 2.5%** |  |
| AutoNation, Inc.\*  | &nbsp;&nbsp;&nbsp;&nbsp; 51109 | &nbsp;&nbsp;&nbsp; 5483996 |
| Lowe's Companies, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 22801 | &nbsp;&nbsp;&nbsp; 4542871 |
| Signet Jewelers Ltd.  | &nbsp;&nbsp;&nbsp;&nbsp; 64837 | &nbsp;&nbsp;&nbsp; 4408916 |
|  |  | **14435783** |
| **Textiles, Apparel & Luxury Goods 1.4%** | **Textiles, Apparel & Luxury Goods 1.4%** |  |
| Capri Holdings Ltd.\*  | &nbsp;&nbsp;&nbsp;&nbsp; 78285 | &nbsp;&nbsp;&nbsp; 4487296 |
| Tapestry, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 97285 | &nbsp;&nbsp;&nbsp; 3704613 |
|  |  | **8191909** |
| **Consumer Staples 4.4%** | **Consumer Staples 4.4%** |  |
| **Food & Staples Retailing 0.5%** | **Food & Staples Retailing 0.5%** |  |
| Kroger Co. | &nbsp;&nbsp;&nbsp;&nbsp; 65778 | **2932383** |
| **Food Products 2.9%** | **Food Products 2.9%** |  |
| Tyson Foods, Inc. "A" | &nbsp;&nbsp; 269188 | **16756953** |
| **Tobacco 1.0%** | **Tobacco 1.0%** |  |
| Altria Group, Inc. | &nbsp;&nbsp; 126717 | **5792234** |
| **Energy 5.2%** | **Energy 5.2%** |  |
| **Oil, Gas & Consumable Fuels**  | **Oil, Gas & Consumable Fuels**  |  |
| ConocoPhillips  | &nbsp;&nbsp;&nbsp;&nbsp; 24486 | &nbsp;&nbsp;&nbsp; 2889348 |
| Coterra Energy, Inc.  | &nbsp;&nbsp; 186739 | &nbsp;&nbsp;&nbsp; 4588177 |
| Exxon Mobil Corp.  | &nbsp;&nbsp;&nbsp;&nbsp; 16853 | &nbsp;&nbsp;&nbsp; 1858886 |
| Marathon Petroleum Corp.  | &nbsp;&nbsp;&nbsp;&nbsp; 54199 | &nbsp;&nbsp;&nbsp; 6308222 |
| Pioneer Natural Resources Co.  | &nbsp;&nbsp;&nbsp;&nbsp; 43213 | &nbsp;&nbsp;&nbsp; 9869417 |
| Valero Energy Corp.  | &nbsp;&nbsp;&nbsp;&nbsp; 37437 | &nbsp;&nbsp;&nbsp; 4749258 |
|  |  | **30263308** |

---

------

---

| | | |
|:---|:---|:---|
| **Financials 11.1%** | **Financials 11.1%** |  |
| **Banks 4.0%** | **Banks 4.0%** |  |
| Bank of America Corp.  | 46483 | 1539517 |
| Citigroup, Inc.  | 71662 | 3241272 |
| JPMorgan Chase & Co.  | 85381 | 11449592 |
| U.S. Bancorp.  | 168810 | 7361804 |
|  |  | **23592185** |
| **Capital Markets 0.7%** | **Capital Markets 0.7%** |  |
| State Street Corp. | 49886 | **3869657** |
| **Consumer Finance 6.4%** | **Consumer Finance 6.4%** |  |
| Capital One Financial Corp.  | 162068 | 15065841 |
| Discover Financial Services  | 138326 | 13532433 |
| Synchrony Financial  | 264335 | 8686048 |
|  |  | **37284322** |
| **Health Care 22.4%** | **Health Care 22.4%** |  |
| **Biotechnology 5.9%** | **Biotechnology 5.9%** |  |
| AbbVie, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 29172 | &nbsp;&nbsp;&nbsp; 4714487 |
| Gilead Sciences, Inc.  | &nbsp;&nbsp; 150872 | &nbsp;&nbsp; 12952361 |
| Regeneron Pharmaceuticals, Inc.\*  | &nbsp;&nbsp;&nbsp;&nbsp; 17963 | &nbsp;&nbsp; 12960125 |
| Vertex Pharmaceuticals, Inc.\*  | &nbsp;&nbsp;&nbsp;&nbsp; 12911 | &nbsp;&nbsp;&nbsp; 3728438 |
|  |  | **34355411** |
| **Health Care Equipment & Supplies 2.9%** | **Health Care Equipment & Supplies 2.9%** |  |
| Hologic, Inc.\*  | &nbsp;&nbsp; 144266 | &nbsp;&nbsp; 10792540 |
| Medtronic PLC  | &nbsp;&nbsp;&nbsp;&nbsp; 76149 | &nbsp;&nbsp;&nbsp; 5918300 |
|  |  | **16710840** |
| **Health Care Providers & Services 2.2%** | **Health Care Providers & Services 2.2%** |  |
| HCA Healthcare, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 9032 | &nbsp;&nbsp;&nbsp; 2167319 |
| Laboratory Corp. of America Holdings  | &nbsp;&nbsp;&nbsp;&nbsp; 38488 | &nbsp;&nbsp;&nbsp; 9063154 |
| Tenet Healthcare Corp.\*  | &nbsp;&nbsp;&nbsp;&nbsp; 34930 | &nbsp;&nbsp;&nbsp; 1704235 |
|  |  | **12934708** |
| **Pharmaceuticals 11.4%** | **Pharmaceuticals 11.4%** |  |
| Bristol-Myers Squibb Co.  | &nbsp;&nbsp; 362305 | &nbsp;&nbsp; 26067845 |
| Johnson & Johnson  | &nbsp;&nbsp;&nbsp;&nbsp; 69969 | &nbsp;&nbsp; 12360024 |
| Merck & Co., Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 68264 | &nbsp;&nbsp;&nbsp; 7573891 |
| Pfizer, Inc.  | &nbsp;&nbsp; 367840 | &nbsp;&nbsp; 18848121 |
| Viatris, Inc.  | &nbsp;&nbsp; 133822 | &nbsp;&nbsp;&nbsp; 1489439 |
|  |  | **66339320** |
| **Industrials 4.6%** | **Industrials 4.6%** |  |
| **Air Freight & Logistics 2.8%** | **Air Freight & Logistics 2.8%** |  |
| C.H. Robinson Worldwide, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 18554 | &nbsp;&nbsp;&nbsp; 1698804 |
| Expeditors International of Washington, Inc.  | &nbsp;&nbsp; 137765 | &nbsp;&nbsp; 14316539 |
|  |  | **16015343** |
| **Professional Services 1.8%** | **Professional Services 1.8%** |  |
| ManpowerGroup, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 49270 | &nbsp;&nbsp;&nbsp; 4099757 |
| Robert Half International, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 87010 | &nbsp;&nbsp;&nbsp; 6423948 |
|  |  | **10523705** |
| **Information Technology 27.6%** | **Information Technology 27.6%** |  |
| **Communications Equipment 2.6%** | **Communications Equipment 2.6%** |  |
| Cisco Systems, Inc. | &nbsp;&nbsp; 320429 | **15265238** |

---

------

---

| | | |
|:---|:---|:---|
| **Electronic Equipment, Instruments & Components 1.6%** | **Electronic Equipment, Instruments & Components 1.6%** |  |
| Flex Ltd.\*  | 90954 | 1951873 |
| Jabil, Inc.  | 107433 | 7326930 |
|  |  | **9278803** |
| **IT Services 9.0%** | **IT Services 9.0%** |  |
| Amdocs Ltd.  | 118049 | 10730654 |
| Cognizant Technology Solutions Corp. "A"  | 440494 | 25191852 |
| Fidelity National Information Services, Inc.  | 36044 | 2445585 |
| Global Payments, Inc.  | 57084 | 5669583 |
| SS&C Technologies Holdings, Inc.  | 163628 | 8518474 |
|  |  | **52556148** |
| **Semiconductors & Semiconductor Equipment 5.8%** | **Semiconductors & Semiconductor Equipment 5.8%** |  |
| Broadcom, Inc.  | 8857 | 4952214 |
| KLA Corp.  | 26241 | 9893644 |
| QUALCOMM, Inc.  | &nbsp;&nbsp; 171304 | &nbsp;&nbsp; 18833162 |
|  |  | **33679020** |
| **Software 4.7%** | **Software 4.7%** |  |
| Microsoft Corp.  | &nbsp;&nbsp; 102811 | &nbsp;&nbsp; 24656134 |
| Oracle Corp.  | &nbsp;&nbsp;&nbsp;&nbsp; 28729 | &nbsp;&nbsp;&nbsp; 2348309 |
|  |  | **27004443** |
| **Technology Hardware, Storage & Peripherals 3.9%** | **Technology Hardware, Storage & Peripherals 3.9%** |  |
| Apple, Inc.  | &nbsp;&nbsp; 147765 | &nbsp;&nbsp; 19199106 |
| Hewlett Packard Enterprise Co.  | &nbsp;&nbsp; 112917 | &nbsp;&nbsp;&nbsp; 1802155 |
| HP, Inc.  | &nbsp;&nbsp;&nbsp;&nbsp; 60657 | &nbsp;&nbsp;&nbsp; 1629854 |
|  |  | **22631115** |
| **Materials 5.6%** | **Materials 5.6%** |  |
| **Chemicals 3.9%** | **Chemicals 3.9%** |  |
| LyondellBasell Industries NV "A"  | &nbsp;&nbsp; 159219 | &nbsp;&nbsp; 13219954 |
| Olin Corp.  | &nbsp;&nbsp; 118037 | &nbsp;&nbsp;&nbsp; 6248879 |
| The Mosaic Co.  | &nbsp;&nbsp;&nbsp;&nbsp; 66104 | &nbsp;&nbsp;&nbsp; 2899982 |
|  |  | **22368815** |
| **Containers & Packaging 0.2%** | **Containers & Packaging 0.2%** |  |
| Westrock Co. | &nbsp;&nbsp;&nbsp;&nbsp; 40879 | **1437306** |
| **Metals & Mining 1.5%** | **Metals & Mining 1.5%** |  |
| Nucor Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 63841 | **8414882** |
| **Total Common Stocks** (Cost $592,060,232) | **Total Common Stocks** (Cost $592,060,232) | **577001395** |
| **Cash Equivalents 0.7%** | **Cash Equivalents 0.7%** | **Cash Equivalents 0.7%** |
| DWS Central Cash Management Government Fund, 4.2% (a) (Cost $4,188,740) | 4188740 | **4188740** |

---

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

---

| | | |
|:---|:---|:---|
|  | **% of** <br>**Net Assets**<br>| **Value ($)** |
| **Total Investment Portfolio** (Cost $596,248,972) | 100.0 | **581190135** |
| **Other Assets and Liabilities, Net**  | &nbsp;&nbsp; (0.0) | **(277000)** |
| **Net Assets** | 100.0 | **580913135** |

---

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

------

*A summary of the Fund's transactions with affiliated investments during the period ended December 31, 2022 are as follows:* 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Value ($) at** <br>**9/30/2022**<br>| &nbsp;&nbsp; **Purchases** <br>**Cost ($)**<br>| &nbsp;&nbsp; **Sales** <br>**Proceeds ($)**<br>| &nbsp;&nbsp; **Net Realized** <br>**Gain/** <br>**(Loss) ($)**<br>| &nbsp;&nbsp; **Net Change in** <br>**Unrealized** <br>**Appreciation** <br>**(Depreciation) ($)**<br>| **Income ($)** | &nbsp;&nbsp; **Capital Gain** <br>**Distributions ($)**<br>| &nbsp;&nbsp; **Number** <br>**of Shares** <br>**at** <br>**12/31/2022**<br>| &nbsp;&nbsp; **Value ($) at** <br>**12/31/2022**<br>|
| **Securities Lending Collateral 0.0%** | **Securities Lending Collateral 0.0%** | **Securities Lending Collateral 0.0%** | **Securities Lending Collateral 0.0%** | **Securities Lending Collateral 0.0%** | **Securities Lending Collateral 0.0%** | **Securities Lending Collateral 0.0%** | **Securities Lending Collateral 0.0%** | **Securities Lending Collateral 0.0%** |
| DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 4.07% (a) (b) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 4.07% (a) (b) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 4.07% (a) (b) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 4.07% (a) (b) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 4.07% (a) (b) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 4.07% (a) (b) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 4.07% (a) (b) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 4.07% (a) (b) | DWS Government & Agency Securities Portfolio "DWS Government Cash Institutional Shares", 4.07% (a) (b) |
| 2225720  | —  | 2,225,720 (c) | —  | —  | 2694  | —  | —  | —  |
| **Cash Equivalents 0.7%** | **Cash Equivalents 0.7%** | **Cash Equivalents 0.7%** | **Cash Equivalents 0.7%** | **Cash Equivalents 0.7%** | **Cash Equivalents 0.7%** | **Cash Equivalents 0.7%** | **Cash Equivalents 0.7%** | **Cash Equivalents 0.7%** |
| DWS Central Cash Management Government Fund, 4.2% (a) | DWS Central Cash Management Government Fund, 4.2% (a) | DWS Central Cash Management Government Fund, 4.2% (a) | DWS Central Cash Management Government Fund, 4.2% (a) | DWS Central Cash Management Government Fund, 4.2% (a) | DWS Central Cash Management Government Fund, 4.2% (a) | DWS Central Cash Management Government Fund, 4.2% (a) | DWS Central Cash Management Government Fund, 4.2% (a) | DWS Central Cash Management Government Fund, 4.2% (a) |
| 3471632  | 18718071  | 18000963  | —  | —  | 30895  | —  | 4188740  | 4188740  |
| **5697352** | **18718071** | **20226683** | **—** | **—** | **33589** | **—** | **4188740** | **4188740** |

---

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

*\** *Non-income producing security.* 

*(a)* *Affiliated fund managed by DWS Investment Management Americas, Inc. The rate shown is the annualized seven-day yield at* *period end.* 

*(b)* *Represents cash collateral held in connection with securities lending. Income earned by the Fund is net of borrower rebates.*

*(c)* *Represents the net increase (purchase cost) or decrease (sales proceeds) in the amount invested in cash collateral for the period* *ended December 31, 2022.* 

***Fair Value Measurements***

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

*The following is a summary of the inputs used as of December 31, 2022 in valuing the Fund's investments.* 

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Assets** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| Common Stocks (a) | $577001395 | $— | $— | $577001395 |
| Short-Term Investments  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4188740 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4188740 |
| **Total** | **$581190135** | **$—** | **$—** | **$581190135** |

---

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

&nbsp;&nbsp;&nbsp;&nbsp;*(a)* *See Investment Portfolio for additional detailed categorizations.* 

**OBTAIN AN OPEN-END FUND PROSPECTUS**

**To obtain a summary prospectus, if available, or prospectus, download one from fundsus.dws.com, talk to your financial representative or call (800) 728-3337. We advise you to carefully consider the product's objectives, risks, charges and expenses before investing. The summary prospectus and prospectus contain this and other important information about the investment product. Please read the prospectus carefully before you invest.**

**CLOSED-END FUNDS**

Closed-end funds, unlike open-end funds, are not continuously offered. There is a one time public offering and once issued, shares of closed-end funds are sold in the open market through a stock exchange. Shares of closed-end funds frequently trade at a discount to net asset value. The price of the fund's shares is determined by a number of factors, several of which are beyond the control of the fund. Therefore, the fund cannot predict whether its shares will trade at, below or above net asset value.

The brand DWS represents DWS Group GmbH & Co. KGaA and any of its subsidiaries such as DWS Distributors, Inc. which offers investment products or DWS Investment Management Americas Inc. and RREEF America L.L.C. which offer advisory services.

NO BANK GUARANTEE \| NOT FDIC INSURED \| MAY LOSE VALUE

DCUS-PH1

R-080548-2 (1/25)

------

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** DEUTSCHE DWS INVESTMENT TRUST

- **b. Investment Company Act file number:** 811-00043

- **c. CIK number of Registrant:** 0000088064

- **d. LEI of Registrant:** C6V3ZVV42DUKQSHF6341

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 875 Third Avenue

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10022-6225

  - **Telephone number:** 212-454-4500

**Item A.2. Information about the Series.**

- **a. Name of Series:** DWS CROCI(R) U.S. Fund

- **b. EDGAR series identifier (if any):** S000048744

- **c. LEI of Series:** 549300S97F3GQQWEHS49

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-09-30

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $581756171.74

**Total Liabilities:** $533293.30

**Net Assets:** $581222878.44

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000153533 | 9.61%                | 6.85%                | -5.68%               |
| Class ID C000153534 | 9.53%                | 6.76%                | -5.74%               |
| Class ID C000176255 | 9.62%                | 6.76%                | -5.69%               |
| Class ID C000153535 | 9.59%                | 6.93%                | -5.68%               |
| Class ID C000153537 | 9.69%                | 6.83%                | -5.60%               |
| Class ID C000153536 | 9.58%                | 6.92%                | -5.64%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1500061.32             | $53127033.66                               |
| Month 2  | $-682839.11              | $39633239.35                               |
| Month 3  | $-991203.69              | $-34687848.74                              |

### Schedule of Portfolio Investments

| Name                                       | Title                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Discover Financial Services                | Discover Financial Services                 | CUSIP: 254709108<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | EC               | CORP              | US        |    138326 | NS      | $13532432.58  | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil Inc                                  | Jabil Inc                                   | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |    107433 | NS      | $7326930.60   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems Inc                          | Cisco Systems Inc                           | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    320429 | NS      | $15265237.56  | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Expeditors International of Washington Inc | Expeditors International of Washington Inc  | CUSIP: 302130109<br>LEI: 984500B055A804AB6E40 | Long             | EC               | CORP              | US        |    137765 | NS      | $14316538.80  | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Viatris Inc                                | Viatris Inc                                 | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |    133822 | NS      | $1489438.86   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertex Pharmaceuticals Inc                 | Vertex Pharmaceuticals Inc                  | CUSIP: 92532F100<br>LEI: 54930015RAQRRZ5ZGJ91 | Long             | EC               | CORP              | US        |     12911 | NS      | $3728438.58   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                          | Johnson & Johnson                           | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     69969 | NS      | $12360023.85  | 2.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp                         | Valero Energy Corp                          | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     37437 | NS      | $4749257.82   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp                    | Marathon Petroleum Corp                     | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |     54199 | NS      | $6308221.61   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ManpowerGroup Inc                          | ManpowerGroup Inc                           | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |     49270 | NS      | $4099756.70   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| DR Horton Inc                              | DR Horton Inc                               | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |    247246 | NS      | $22039508.44  | 3.79%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie Inc                                 | AbbVie Inc                                  | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     29172 | NS      | $4714486.92   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognizant Technology Solutions Corp        | Cognizant Technology Solutions Corp         | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |    440494 | NS      | $25191851.86  | 4.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Olin Corp                                  | Olin Corp                                   | CUSIP: 680665205<br>LEI: 549300GKK294V7W57P06 | Long             | EC               | CORP              | US        |    118037 | NS      | $6248878.78   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Inc                              | Citigroup Inc                               | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     71662 | NS      | $3241272.26   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Capri Holdings Ltd                         | Capri Holdings Ltd                          | CUSIP: 000000000<br>LEI: 549300LPG8W0H1OX3A26 | Long             | EC               | CORP              | VG        |     78285 | NS      | $4487296.20   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Mosaic Co/The                              | Mosaic Co/The                               | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |     66104 | NS      | $2899982.48   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Ltd                                 | Amdocs Ltd                                  | CUSIP: 000000000<br>LEI: 549300HQV672RJ7RQV66 | Long             | EC               | CORP              | GG        |    118049 | NS      | $10730654.10  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Corp                                   | Fox Corp                                    | CUSIP: 35137L105<br>LEI: 549300DDU6FDRBIELS05 | Long             | EC               | CORP              | US        |    540180 | NS      | $16405266.60  | 2.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Nucor Corp                                 | Nucor Corp                                  | CUSIP: 670346105<br>LEI: 549300GGJCRSI2TIEJ46 | Long             | EC               | CORP              | US        |     63841 | NS      | $8414882.21   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic PLC                              | Medtronic PLC                               | CUSIP: 000000000<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     76149 | NS      | $5918300.28   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc                         | Coterra Energy Inc                          | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |    186739 | NS      | $4588177.23   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet Inc                               | Alphabet Inc                                | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    301453 | NS      | $26597198.19  | 4.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Hewlett Packard Enterprise Co              | Hewlett Packard Enterprise Co               | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |    112917 | NS      | $1802155.32   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Corp                          | State Street Corp                           | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     49886 | NS      | $3869657.02   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos Inc                             | Lowe's Cos Inc                              | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |     22801 | NS      | $4542871.24   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp                             | Microsoft Corp                              | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    102811 | NS      | $24656134.02  | 4.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyson Foods Inc                            | Tyson Foods Inc                             | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |    269188 | NS      | $16756953.00  | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| DWS                                        | DWS Central Cash Management Government Fund | CUSIP: 25160K306<br>LEI: 5493003GD84DGSXJ7618 | Long             | STIV             | RF                | US        |   4188740 | NS      | $4188739.56   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Garmin Ltd                                 | Garmin Ltd                                  | CUSIP: 000000000<br>LEI: 2549001E0HIPIJQ0W046 | Long             | EC               | CORP              | CH        |     94489 | NS      | $8720389.81   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Signet Jewelers Ltd                        | Signet Jewelers Ltd                         | CUSIP: 000000000<br>LEI: 549300N3XPGE91WV7M22 | Long             | EC               | CORP              | BM        |     64837 | NS      | $4408916.00   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Robert Half International Inc              | Robert Half International Inc               | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |     87010 | NS      | $6423948.30   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp                           | Exxon Mobil Corp                            | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     16853 | NS      | $1858885.90   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom Inc                               | Broadcom Inc                                | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |      8857 | NS      | $4952214.41   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp                       | Bank of America Corp                        | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |     46483 | NS      | $1539516.96   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| US Bancorp                                 | US Bancorp                                  | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |    168810 | NS      | $7361804.10   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings Inc             | SS&C Technologies Holdings Inc              | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |    163628 | NS      | $8518473.68   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoNation Inc                             | AutoNation Inc                              | CUSIP: 05329W102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51109 | NS      | $5483995.70   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Synchrony Financial                        | Synchrony Financial                         | CUSIP: 87165B103<br>LEI: 549300RS7EWPM9MA6C78 | Long             | EC               | CORP              | US        |    264335 | NS      | $8686048.10   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd                                   | Flex Ltd                                    | CUSIP: 000000000<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               | CORP              | SG        |     90954 | NS      | $1951872.84   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity National Information Services Inc | Fidelity National Information Services Inc  | CUSIP: 31620M106<br>LEI: 6WQI0GK1PRFVBA061U48 | Long             | EC               | CORP              | US        |     36044 | NS      | $2445585.40   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer Inc                                 | Pfizer Inc                                  | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    367840 | NS      | $18848121.60  | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Oracle Corp                                | Oracle Corp                                 | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     28729 | NS      | $2348308.46   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corp                           | Boyd Gaming Corp                            | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |    121811 | NS      | $6642353.83   | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| LyondellBasell Industries NV               | LyondellBasell Industries NV                | CUSIP: 000000000<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | NL        |    159219 | NS      | $13219953.57  | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Altria Group Inc                           | Altria Group Inc                            | CUSIP: 02209S103<br>LEI: XSGZFLO9YTNO9VCQV219 | Long             | EC               | CORP              | US        |    126717 | NS      | $5792234.07   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Laboratory Corp of America Holdings        | Laboratory Corp of America Holdings         | CUSIP: 50540R409<br>LEI: OZ7UA8IXAIFILY2VZH07 | Long             | EC               | CORP              | US        |     38488 | NS      | $9063154.24   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Westrock Co                                | Westrock Co                                 | CUSIP: 96145D105<br>LEI: 5493004Z9TCQW68YVL89 | Long             | EC               | CORP              | US        |     40879 | NS      | $1437305.64   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Pioneer Natural Resources Co               | Pioneer Natural Resources Co                | CUSIP: 723787107<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | EC               | CORP              | US        |     43213 | NS      | $9869417.07   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Tenet Healthcare Corp                      | Tenet Healthcare Corp                       | CUSIP: 88033G407<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | EC               | CORP              | US        |     34930 | NS      | $1704234.70   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| QUALCOMM Inc                               | QUALCOMM Inc                                | CUSIP: 747525103<br>LEI: H1J8DDZKZP6H7RWC0H53 | Long             | EC               | CORP              | US        |    171304 | NS      | $18833161.76  | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare Inc                         | HCA Healthcare Inc                          | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |      9032 | NS      | $2167318.72   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp                                   | KLA Corp                                    | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |     26241 | NS      | $9893644.23   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Tapestry Inc                               | Tapestry Inc                                | CUSIP: 876030107<br>LEI: 549300LJNVY5SW3VTN33 | Long             | EC               | CORP              | US        |     97285 | NS      | $3704612.80   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Kroger Co/The                              | Kroger Co/The                               | CUSIP: 501044101<br>LEI: 6CPEOKI6OYJ13Q6O7870 | Long             | EC               | CORP              | US        |     65778 | NS      | $2932383.24   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                  | Apple Inc                                   | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    147765 | NS      | $19199106.45  | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA Inc                                  | TEGNA Inc                                   | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |    187015 | NS      | $3962847.85   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Regeneron Pharmaceuticals Inc              | Regeneron Pharmaceuticals Inc               | CUSIP: 75886F107<br>LEI: 549300RCBFWIRX3HYQ56 | Long             | EC               | CORP              | US        |     17963 | NS      | $12960124.87  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Merck & Co Inc                             | Merck & Co Inc                              | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     68264 | NS      | $7573890.80   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments Inc                        | Global Payments Inc                         | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |     57084 | NS      | $5669582.88   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co                        | JPMorgan Chase & Co                         | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |     85381 | NS      | $11449592.10  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| HP Inc                                     | HP Inc                                      | CUSIP: 40434L105<br>LEI: WHKXQACZ14C5XRO8LW03 | Long             | EC               | CORP              | US        |     60657 | NS      | $1629853.59   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Hologic Inc                                | Hologic Inc                                 | CUSIP: 436440101<br>LEI: 549300DYP6F5ZJL0LB74 | Long             | EC               | CORP              | US        |    144266 | NS      | $10792539.46  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co                    | Bristol-Myers Squibb Co                     | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |    362305 | NS      | $26067844.75  | 4.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CH Robinson Worldwide Inc                  | CH Robinson Worldwide Inc                   | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |     18554 | NS      | $1698804.24   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp                 | Capital One Financial Corp                  | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |    162068 | NS      | $15065841.28  | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilead Sciences Inc                        | Gilead Sciences Inc                         | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |    150872 | NS      | $12952361.20  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                             | ConocoPhillips                              | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     24486 | NS      | $2889348.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-27

**Name of Applicant:** DEUTSCHE DWS INVESTMENT TRUST

**Signature:** Diane Kenneally

**Name of Signer:** Diane Kenneally

**Title:** Treasurer and Chief Financial Officer