10/01/2026 | Press release | Distributed by Public on 10/01/2026 08:41
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D. C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF
REGISTERED MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-02527
Deutsche DWS Money Funds
(Exact Name of Registrant as Specified in Charter)
875 Third Avenue
New York, NY 10022-6225
(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including Area Code: (212) 454-4500
Diane Kenneally
100 Summer Street
Boston, MA 02110
(Name and Address of Agent for Service)
| Date of fiscal year end: | 7/31 |
| Date of reporting period: | 7/31/2026 |
| Item 1. | Reports to Stockholders. |
| (a) |
This annual shareholder report contains important information about DWS Money Market Prime Series (the "Fund") for the period August 1, 2025 to July 31, 2026. You can find additional information about the Fund on the Fund's website at dws.com/mutualreports. You can also request this information by contacting us at (800) 728-3337.
(Based on a hypothetical $10,000 investment)
|
Fund
|
Costs of a $10,000 investment
|
Costs paid as a percentage of a $10,000 investment
|
|
DWS Cash Investment Trust Class A
|
$86
|
0.85%
|
Gross expense ratio as of the latest prospectus: 0.87%. See prospectus for any contractual or voluntary waivers; without a waiver, costs would have been higher.
|
Net Assets ($)
|
543,910,646
|
|
Number of Portfolio Holdings
|
75
|
|
Total Net Advisory Fees Paid ($)
|
1,797,841
|
|
Weighted Average Maturity
|
22 days
|
|
7-Day Current Yield
|
2.93%
|
Weighted average maturity, also known as effective maturity, is the weighted average of the maturity date of bonds held by the Fund taking into consideration any available maturity shortening features.
Yields fluctuate and are not guaranteed. The 7-day current yield is the annualized net investment income per share as of July 31, 2026. The 7-Day Current Yield would have been 2.84% had certain expenses not been reduced.
|
Asset Type
|
% of Net Assets
|
|
Repurchase Agreements
|
32%
|
|
Commercial Paper
|
25%
|
|
Variable Rate Demand Notes
|
22%
|
|
Certificates of Deposit and Bank Notes
|
13%
|
|
Time Deposits
|
9%
|
|
Other Assets and Liabilities, Net
|
(1%)
|
|
Total
|
100%
|
Holdings-based data is subject to change.
If you wish to view additional information about the Fund, including, but not limited to, its prospectus, Board fee evaluation reports, and financial statements and other information, please visit dws.com/mutualreports. For information about the Fund's proxy voting policies and procedures and how the Fund voted proxies related to its portfolio securities, please visit dws.com/en-us/resources/proxy-voting. This additional information is also available free of charge by contacting us at (800) 728-3337.
In order to reduce the amount of mail you receive and to help reduce expenses, we generally send a single copy of any shareholder report and prospectus to each household. If you do not want the mailing of these documents to be combined with those for other members of your household, please contact your financial representative or call DWS toll free at (800) 728-3337.
You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The Fund may impose a fee upon sale of your shares. An investment in the Fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor is not required to reimburse the Fund for losses, and you should not expect that the sponsor will provide financial support to the Fund at any time, including during periods of market stress. The credit quality of the fund's holdings can change rapidly in certain markets, and the default of a single holding could have an adverse impact on the fund's share price. The fund's share price can also be negatively affected during periods of high redemption pressures and/or illiquid markets. Please read the prospectus for specific details regarding the fund's risk profile.
This report must be preceded or accompanied by a prospectus. We advise you to consider the Fund's objectives, risks, charges, and expenses carefully before investing. The prospectus contains this and other important information about the Fund, which can be requested by calling (800) 728-3337, contacting your financial representative, or visit dws.com/mutualreports to view or download a prospectus. Please read the prospectus carefully before you invest.
This annual shareholder report contains important information about DWS Money Market Prime Series (the "Fund") for the period August 1, 2025 to July 31, 2026. You can find additional information about the Fund on the Fund's website at dws.com/mutualreports. You can also request this information by contacting us at (800) 728-3337.
(Based on a hypothetical $10,000 investment)
|
Fund
|
Costs of a $10,000 investment
|
Costs paid as a percentage of a $10,000 investment
|
|
DWS Cash Investment Trust Class C
|
$160
|
1.58%
|
Gross expense ratio as of the latest prospectus: 1.59%. See prospectus for any contractual or voluntary waivers; without a waiver, costs would have been higher.
|
Net Assets ($)
|
543,910,646
|
|
Number of Portfolio Holdings
|
75
|
|
Total Net Advisory Fees Paid ($)
|
1,797,841
|
|
Weighted Average Maturity
|
22 days
|
|
7-Day Current Yield
|
2.08%
|
Weighted average maturity, also known as effective maturity, is the weighted average of the maturity date of bonds held by the Fund taking into consideration any available maturity shortening features.
Yields fluctuate and are not guaranteed. The 7-day current yield is the annualized net investment income per share as of July 31, 2026.
|
Asset Type
|
% of Net Assets
|
|
Repurchase Agreements
|
32%
|
|
Commercial Paper
|
25%
|
|
Variable Rate Demand Notes
|
22%
|
|
Certificates of Deposit and Bank Notes
|
13%
|
|
Time Deposits
|
9%
|
|
Other Assets and Liabilities, Net
|
(1%)
|
|
Total
|
100%
|
Holdings-based data is subject to change.
If you wish to view additional information about the Fund, including, but not limited to, its prospectus, Board fee evaluation reports, and financial statements and other information, please visit dws.com/mutualreports. For information about the Fund's proxy voting policies and procedures and how the Fund voted proxies related to its portfolio securities, please visit dws.com/en-us/resources/proxy-voting. This additional information is also available free of charge by contacting us at (800) 728-3337.
In order to reduce the amount of mail you receive and to help reduce expenses, we generally send a single copy of any shareholder report and prospectus to each household. If you do not want the mailing of these documents to be combined with those for other members of your household, please contact your financial representative or call DWS toll free at (800) 728-3337.
You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The Fund may impose a fee upon sale of your shares. An investment in the Fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor is not required to reimburse the Fund for losses, and you should not expect that the sponsor will provide financial support to the Fund at any time, including during periods of market stress. The credit quality of the fund's holdings can change rapidly in certain markets, and the default of a single holding could have an adverse impact on the fund's share price. The fund's share price can also be negatively affected during periods of high redemption pressures and/or illiquid markets. Please read the prospectus for specific details regarding the fund's risk profile.
This report must be preceded or accompanied by a prospectus. We advise you to consider the Fund's objectives, risks, charges, and expenses carefully before investing. The prospectus contains this and other important information about the Fund, which can be requested by calling (800) 728-3337, contacting your financial representative, or visit dws.com/mutualreports to view or download a prospectus. Please read the prospectus carefully before you invest.
This annual shareholder report contains important information about DWS Money Market Prime Series (the "Fund") for the period August 1, 2025 to July 31, 2026. You can find additional information about the Fund on the Fund's website at dws.com/mutualreports. You can also request this information by contacting us at (800) 728-3337.
(Based on a hypothetical $10,000 investment)
|
Fund
|
Costs of a $10,000 investment
|
Costs paid as a percentage of a $10,000 investment
|
|
DWS Cash Investment Trust Class S
|
$58
|
0.57%
|
Gross expense ratio as of the latest prospectus: 0.66%. See prospectus for any contractual or voluntary waivers; without a waiver, costs would have been higher.
|
Net Assets ($)
|
543,910,646
|
|
Number of Portfolio Holdings
|
75
|
|
Total Net Advisory Fees Paid ($)
|
1,797,841
|
|
Weighted Average Maturity
|
22 days
|
|
7-Day Current Yield
|
3.21%
|
Weighted average maturity, also known as effective maturity, is the weighted average of the maturity date of bonds held by the Fund taking into consideration any available maturity shortening features.
Yields fluctuate and are not guaranteed. The 7-day current yield is the annualized net investment income per share as of July 31, 2026. The 7-Day Current Yield would have been 3.07% had certain expenses not been reduced.
|
Asset Type
|
% of Net Assets
|
|
Repurchase Agreements
|
32%
|
|
Commercial Paper
|
25%
|
|
Variable Rate Demand Notes
|
22%
|
|
Certificates of Deposit and Bank Notes
|
13%
|
|
Time Deposits
|
9%
|
|
Other Assets and Liabilities, Net
|
(1%)
|
|
Total
|
100%
|
Holdings-based data is subject to change.
If you wish to view additional information about the Fund, including, but not limited to, its prospectus, Board fee evaluation reports, and financial statements and other information, please visit dws.com/mutualreports. For information about the Fund's proxy voting policies and procedures and how the Fund voted proxies related to its portfolio securities, please visit dws.com/en-us/resources/proxy-voting. This additional information is also available free of charge by contacting us at (800) 728-3337.
In order to reduce the amount of mail you receive and to help reduce expenses, we generally send a single copy of any shareholder report and prospectus to each household. If you do not want the mailing of these documents to be combined with those for other members of your household, please contact your financial representative or call DWS toll free at (800) 728-3337.
You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The Fund may impose a fee upon sale of your shares. An investment in the Fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor is not required to reimburse the Fund for losses, and you should not expect that the sponsor will provide financial support to the Fund at any time, including during periods of market stress. The credit quality of the fund's holdings can change rapidly in certain markets, and the default of a single holding could have an adverse impact on the fund's share price. The fund's share price can also be negatively affected during periods of high redemption pressures and/or illiquid markets. Please read the prospectus for specific details regarding the fund's risk profile.
This report must be preceded or accompanied by a prospectus. We advise you to consider the Fund's objectives, risks, charges, and expenses carefully before investing. The prospectus contains this and other important information about the Fund, which can be requested by calling (800) 728-3337, contacting your financial representative, or visit dws.com/mutualreports to view or download a prospectus. Please read the prospectus carefully before you invest.
This annual shareholder report contains important information about DWS Money Market Prime Series (the "Fund") for the period August 1, 2025 to July 31, 2026. You can find additional information about the Fund on the Fund's website at dws.com/mutualreports. You can also request this information by contacting us at (800) 728-3337.
(Based on a hypothetical $10,000 investment)
|
Fund
|
Costs of a $10,000 investment
|
Costs paid as a percentage of a $10,000 investment
|
|
DWS Money Market Fund
|
$58
|
0.57%
|
Gross expense ratio as of the latest prospectus: 0.60%. See prospectus for any contractual or voluntary waivers; without a waiver, costs would have been higher.
|
Net Assets ($)
|
543,910,646
|
|
Number of Portfolio Holdings
|
75
|
|
Total Net Advisory Fees Paid ($)
|
1,797,841
|
|
Weighted Average Maturity
|
22 days
|
|
7-Day Current Yield
|
3.21%
|
Weighted average maturity, also known as effective maturity, is the weighted average of the maturity date of bonds held by the Fund taking into consideration any available maturity shortening features.
Yields fluctuate and are not guaranteed. The 7-day current yield is the annualized net investment income per share as of July 31, 2026. The 7-Day Current Yield would have been 3.12% had certain expenses not been reduced.
|
Asset Type
|
% of Net Assets
|
|
Repurchase Agreements
|
32%
|
|
Commercial Paper
|
25%
|
|
Variable Rate Demand Notes
|
22%
|
|
Certificates of Deposit and Bank Notes
|
13%
|
|
Time Deposits
|
9%
|
|
Other Assets and Liabilities, Net
|
(1%)
|
|
Total
|
100%
|
Holdings-based data is subject to change.
If you wish to view additional information about the Fund, including, but not limited to, its prospectus, Board fee evaluation reports, and financial statements and other information, please visit dws.com/mutualreports. For information about the Fund's proxy voting policies and procedures and how the Fund voted proxies related to its portfolio securities, please visit dws.com/en-us/resources/proxy-voting. This additional information is also available free of charge by contacting us at (800) 728-3337.
In order to reduce the amount of mail you receive and to help reduce expenses, we generally send a single copy of any shareholder report and prospectus to each household. If you do not want the mailing of these documents to be combined with those for other members of your household, please contact your financial representative or call DWS toll free at (800) 728-3337.
You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The Fund may impose a fee upon sale of your shares. An investment in the Fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor is not required to reimburse the Fund for losses, and you should not expect that the sponsor will provide financial support to the Fund at any time, including during periods of market stress. The credit quality of the fund's holdings can change rapidly in certain markets, and the default of a single holding could have an adverse impact on the fund's share price. The fund's share price can also be negatively affected during periods of high redemption pressures and/or illiquid markets. Please read the prospectus for specific details regarding the fund's risk profile.
This report must be preceded or accompanied by a prospectus. We advise you to consider the Fund's objectives, risks, charges, and expenses carefully before investing. The prospectus contains this and other important information about the Fund, which can be requested by calling (800) 728-3337, contacting your financial representative, or visit dws.com/mutualreports to view or download a prospectus. Please read the prospectus carefully before you invest.
| (b) Not applicable | |
| Item 2. | Code of Ethics. |
|
As of the end of the period covered by this report, the registrant has adopted a code of ethics, as defined in Item 2 of Form N-CSR that applies to its Principal Executive Officer and Principal Financial Officer. There have been no amendments to, or waivers from, a provision of the code of ethics during the period covered by this report that would require disclosure under Item 2. A copy of the code of ethics is filed as an exhibit to this Form N-CSR. |
|
| Item 3. | Audit Committee Financial Expert. |
| The fund's audit committee is comprised solely of trustees who are "independent" (as such term has been defined by the Securities and Exchange Commission ("SEC") in regulations implementing Section 407 of the Sarbanes-Oxley Act (the "Regulations")). The fund's Board of Trustees has determined that there are several "audit committee financial experts" (as such term has been defined by the Regulations) serving on the fund's audit committee including Ms. Catherine Schrand, the chair of the fund's audit committee. An "audit committee financial expert" is not an "expert" for any purpose, including for purposes of Section 11 of the Securities Act of 1933 and the designation or identification of a person as an "audit committee financial expert" does not impose on such person any duties, obligations or liability that are greater than the duties, obligations and liability imposed on such person as a member of the audit committee and board of directors in the absence of such designation or identification. | |
| Item 4. | Principal Accountant Fees and Services. |
DWS Money Market Series Fund
form n-csr disclosure re: AUDIT FEES
The following table shows the amount of fees that Ernst & Young LLP ("EY"), the Fund's Independent Registered Public Accounting Firm, billed to the Fund during the Fund's last two fiscal years. The Audit Committee approved in advance all audit services and non-audit services that EY provided to the Fund.
Services that the Fund's Independent Registered Public Accounting Firm Billed to the Fund
|
Fiscal Year Ended July 31, |
Audit Fees Billed to Fund |
Audit-Related Fees Billed to Fund |
Tax Fees Billed to Fund |
All Other Fees Billed to Fund |
| 2026 | $32,987 | $0 | $6,218 | $0 |
| 2025 | $31,657 | $0 | $5,969 | $0 |
The above "Tax Fees" were billed for professional services rendered for tax preparation.
Services that the Fund's Independent Registered Public Accounting Firm Billed to the Adviser and Affiliated Fund Service Providers
The following table shows the amount of fees billed by EY to DWS Investment Management Americas, Inc. ("DIMA" or the "Adviser"), and any entity controlling, controlled by or under common control with DIMA ("Control Affiliate") that provides ongoing services to the Fund ("Affiliated Fund Service Provider"), for engagements directly related to the Fund's operations and financial reporting, during the Fund's last two fiscal years.
|
Fiscal Year Ended July 31, |
Audit-Related Fees Billed to Adviser and Affiliated Fund Service Providers |
Tax Fees Billed to Adviser and Affiliated Fund Service Providers |
All Other Fees Billed to Adviser and Affiliated Fund Service Providers |
| 2026 | $0 | $623,231 | $0 |
| 2025 | $0 | $1,369,569 | $0 |
The above "Tax Fees" were billed in connection with tax compliance services and agreed upon procedures.
Non-Audit Services
The following table shows the amount of fees that EY billed during the Fund's last two fiscal years for non-audit services. The Audit Committee pre-approved all non-audit services that EY provided to the Adviser and any Affiliated Fund Service Provider that related directly to the Fund's operations and financial reporting. The Audit Committee requested and received informa9tion from EY about any non-audit services that EY rendered during the Fund's last fiscal year to the Adviser and any Affiliated Fund Service Provider. The Committee considered this information in evaluating EY's independence.
|
Fiscal Year Ended July 31, |
Total Non-Audit Fees Billed to Fund (A) |
Total Non-Audit Fees billed to Adviser and Affiliated Fund Service Providers (engagements related directly to the operations and financial reporting of the Fund) (B) |
Total Non-Audit Fees billed to Adviser and Affiliated Fund Service Providers (all other engagements) (C) |
Total of (A), (B) and (C) |
| 2026 | $6,218 | $623,231 | $0 | $629,449 |
| 2025 | $5,969 | $1,369,569 | $0 | $1,375,538 |
All other engagement fees were billed for services in connection with agreed upon procedures and tax compliance for DIMA and other related entities.
Audit Committee Pre-Approval Policies and Procedures. Generally, each Fund's Audit Committee must pre approve (i) all services to be performed for a Fund by a Fund's Independent Registered Public Accounting Firm and (ii) all non-audit services to be performed by a Fund's Independent Registered Public Accounting Firm for the DIMA Entities with respect to operations and financial reporting of the Fund, except that the Chairperson or Vice Chairperson of each Fund's Audit Committee may grant the pre-approval for non-audit services described in items (i) and (ii) above for non-prohibited services for engagements of less than $100,000. All such delegated pre approvals shall be presented to each Fund's Audit Committee no later than the next Audit Committee meeting.
There were no amounts that were approved by the Audit Committee pursuant to the de minimis exception under Rule 2-01 of Regulation S-X.
According to the registrant's principal Independent Registered Public Accounting Firm, substantially all of the principal Independent Registered Public Accounting Firm's hours spent on auditing the registrant's financial statements were attributed to work performed by full-time permanent employees of the principal Independent Registered Public Accounting Firm and (i) and (j) are not applicable.
***
In connection with the audit of the 2025 and 2026 financial statements, the Fund entered into an engagement letter with EY. The terms of the engagement letter required by EY, and agreed to by the Audit Committee, include a provision mandating the use of mediation and arbitration to resolve any controversy or claim between the parties arising out of or relating to the engagement letter or services provided thereunder.
***
| Item 5. | Audit Committee of Listed Registrants |
| Not applicable | |
| Item 6. | Investments. |
| Not applicable | |
| Item 7. | Financial Statements and Financial Highlights for Open-End Management Investment Companies. |
| (a) |
|
3
|
Investment Portfolio
|
|
10
|
Statement of Assets and Liabilities
|
|
11
|
Statement of Operations
|
|
12
|
Statements of Changes in Net Assets
|
|
13
|
Financial Highlights
|
|
17
|
Notes to Financial Statements
|
|
27
|
Report of Independent Registered Public Accounting Firm
|
|
29
|
Tax Information
|
|
30
|
Advisory Agreement Board Considerations and Fee Evaluation
|
|
2
|
|
|
DWS Money Market Prime Series
|
|
|
Principal
Amount ($)
|
Value ($)
|
|
|
Certificates of Deposit and Bank Notes 13.3%
|
|||
|
Banco Santander SA, 3.96%, 11/18/2026
|
|
312,000
|
311,856
|
|
Bank of America NA, 3.94% (a), 2/2/2027
|
|
5,000,000
|
5,000,000
|
|
Bank of Montreal, 1 day USD SOFR + 0.42%, 4.07% (a),
7/8/2027
|
|
5,000,000
|
5,000,000
|
|
Credit Agricole Corporate & Investment Bank SA:
|
|
||
|
1 day USD SOFR + 0.3%, 3.95% (a), 10/2/2026
|
|
5,000,000
|
5,000,000
|
|
4.02%, 2/8/2027
|
|
2,000,000
|
2,000,000
|
|
Credit Industriel et Commercial, 3.91%, 11/23/2026
|
|
2,500,000
|
2,500,000
|
|
DZ Bank AG Deutsche Zentral-Genossenschaftsbank,
3.87%, 11/6/2026
|
|
5,000,000
|
5,000,000
|
|
Goldman Sachs Bank USA:
|
|
||
|
1 day USD SOFR + 0.26%, 3.91% (a), 10/26/2026
|
|
5,000,000
|
5,000,000
|
|
1 day USD SOFR + 0.3%, 3.95% (a), 9/4/2026
|
|
5,000,000
|
5,000,000
|
|
Nordea Bank Abp:
|
|
||
|
1 day USD SOFR + 0.3%, 3.95% (a), 4/22/2027
|
|
5,000,000
|
5,000,000
|
|
1 day USD SOFR + 0.36%, 4.01% (a), 1/19/2027
|
|
5,000,000
|
5,002,095
|
|
Oversea-Chinese Banking Corp. Ltd., 1 day USD SOFR +
0.31%, 3.96% (a), 4/13/2027
|
|
5,000,000
|
4,999,991
|
|
Royal Bank of Canada, 1 day USD SOFR + 0.29%,
3.94% (a), 8/26/2026
|
|
5,000,000
|
5,000,000
|
|
State Street Bank & Trust Co., 1 day USD SOFR + 0.24%,
3.89% (a), 2/3/2027
|
|
7,500,000
|
7,500,000
|
|
Svenska Handelsbanken AB, 1 day USD SOFR + 0.26%,
3.91% (a), 2/19/2027
|
|
5,000,000
|
5,000,000
|
|
Wells Fargo Bank NA, 1 day USD SOFR + 0.22%,
3.87% (a), 11/12/2026
|
|
5,000,000
|
5,000,000
|
|
Total Certificates of Deposit and Bank Notes (Cost $72,313,942)
|
72,313,942
|
||
|
Commercial Paper 25.0%
|
|||
|
Issued at Discount (b) 14.4%
|
|||
|
Australia & New Zealand Banking Group Ltd.:
|
|
||
|
144A, 3.721%, 8/31/2026
|
|
5,000,000
|
4,984,708
|
|
144A, 3.792%, 9/16/2026
|
|
5,000,000
|
4,976,106
|
|
Automatic Data Processing, Inc., 144A, 3.701%, 8/6/2026
|
|
7,500,000
|
7,496,198
|
|
Bank of New York Mellon, 4.005%, 2/26/2027
|
|
5,000,000
|
4,885,340
|
|
Bank of New Zealand, 144A, 3.924%, 1/11/2027
|
|
5,000,000
|
4,912,388
|
|
Britannia Funding Co. LLC, 144A, 3.833%, 9/3/2026
|
|
5,000,000
|
4,982,675
|
|
Caisse d'Amortissement de la Dette Sociale:
|
|
||
|
144A, 3.711%, 9/9/2026
|
|
5,000,000
|
4,980,175
|
|
DWS Money Market Prime Series
|
|
|
3
|
|
|
Principal
Amount ($)
|
Value ($)
|
|
|
144A, 3.731%, 9/4/2026
|
|
5,000,000
|
4,982,622
|
|
First Abu Dhabi Bank PJSC, 144A, 3.756%, 8/5/2026
|
|
1,229,000
|
1,228,494
|
|
MUFG Bank Ltd., 3.853%, 9/28/2026
|
|
10,000,000
|
9,938,778
|
|
National Bank of Canada, 144A, 3.954%, 5/10/2027
|
|
2,500,000
|
2,423,625
|
|
Province of Ontario, 3.878%, 2/16/2027
|
|
5,000,000
|
4,894,281
|
|
PSP Capital, Inc., 144A, 4.056%, 7/13/2027
|
|
6,000,000
|
5,769,333
|
|
Royal Bank of Canada, 144A, 3.802%, 12/2/2026
|
|
5,000,000
|
4,935,938
|
|
Swedbank AB, 144A, 3.944%, 10/8/2026
|
|
3,090,000
|
3,067,295
|
|
Toronto-Dominion Bank, 144A, 3.974%, 11/6/2026
|
|
4,006,000
|
3,963,688
|
|
|
|
78,421,644
|
|
|
Issued at Par 10.6%
|
|||
|
Alinghi Funding Co. LLC, 144A, 4.1% (a), 3/19/2027
|
|
7,500,000
|
7,500,000
|
|
Anglesea Funding LLC, 144A, 3.95% (a), 12/31/2026
|
|
7,500,000
|
7,500,000
|
|
Citigroup Global Markets, Inc., 144A, 1 day USD SOFR +
0.3%, 3.95% (a), 9/2/2026
|
|
5,000,000
|
5,000,000
|
|
Collateralized Commercial Paper V Co. LLC:
|
|
||
|
3.94% (a), 11/5/2026
|
|
7,500,000
|
7,500,000
|
|
3.98% (a), 1/29/2027
|
|
2,500,000
|
2,500,000
|
|
4.02% (a), 4/26/2027
|
|
7,500,000
|
7,500,000
|
|
4.09%, 1/7/2027
|
|
5,000,000
|
5,000,000
|
|
Great Bear Funding LLC, 3.98% (a), 4/1/2027
|
|
5,000,000
|
5,000,000
|
|
ING U.S. Funding LLC, 144A, 1 day USD SOFR + 0.3%,
3.95% (a), 10/6/2026
|
|
5,000,000
|
5,000,000
|
|
National Bank of Canada, 144A, 3.95% (a), 2/11/2027
|
|
5,000,000
|
5,000,000
|
|
|
|
57,500,000
|
|
|
Total Commercial Paper (Cost $135,921,644)
|
135,921,644
|
||
|
Variable Rate Demand Notes (c) 21.9%
|
|||
|
Alaska, State Housing Finance Corp., Series B,
3.72%, 8/7/2026
|
|
7,635,000
|
7,635,000
|
|
Colorado, State Housing & Finance Authority, Multi-Family
Housing Project:
|
|
||
|
"I" , Series C, 3.72%, 8/7/2026, SPA: Federal Home
Loan Bank
|
|
5,250,000
|
5,250,000
|
|
"I" , Series G-2, 3.72%, 8/7/2026, SPA: Federal Home
Loan Bank
|
|
4,045,000
|
4,045,000
|
|
Connecticut, State Health & Educational Facilities
Authority Revenue, Yale University, Series A-4,
2.85%, 8/3/2026
|
|
4,500,000
|
4,500,000
|
|
Highlands County, FL, Health Facilities Authority Revenue,
AdventHealth Obligated Group, Series C, 3.0%,
8/3/2026, SPA: PNC Bank NA
|
|
1,200,000
|
1,200,000
|
|
4
|
|
|
DWS Money Market Prime Series
|
|
|
Principal
Amount ($)
|
Value ($)
|
|
|
Iowa, State Student Loan Liquidity Corp., Senior Revenue,
Series 2023-1, 3.72%, 8/7/2026, LOC: Royal Bank
of Canada
|
|
6,004,000
|
6,004,000
|
|
Maine, State Housing Authority Mortgage Revenue,
Series E, 3.72%, 8/7/2026, SPA: Barclays Bank PLC
|
|
1,100,000
|
1,100,000
|
|
Massachusetts, State Department of Transportation,
Metropolitan Highway Systems Revenue, Series A-2,
2.0%, 8/7/2026, LOC: TD Bank NA
|
|
500,000
|
500,000
|
|
Massachusetts, State Health & Educational Facilities
Authority Revenue, Mass General Brigham, Inc.,
Series F-3, 2.0%, 8/7/2026, LOC: TD Bank NA
|
|
2,600,000
|
2,600,000
|
|
Michigan, State Housing Development Authority Revenue,
Series C, 3.72%, 8/7/2026, SPA: Federal Home
Loan Bank
|
|
5,000,000
|
5,000,000
|
|
Minnesota Housing Finance Agency, Series E, 3.72%,
8/7/2026, SPA: Federal Home Loan Bank
|
|
5,000,000
|
5,000,000
|
|
Missouri, State Health & Educational Facilities Authority
Revenue, St. Louis University, Series B-1, 3.0%,
8/3/2026, LOC: Barclays Bank PLC
|
|
1,650,000
|
1,650,000
|
|
New York, Metropolitan Transportation Authority,
Series A-1, 2.95%, 8/3/2026, LOC: TD Bank NA
|
|
1,500,000
|
1,500,000
|
|
New York, State Housing Finance Agency Revenue,
160 Madison Avenue LLC, Series B, 3.66%, 8/3/2026,
LOC: Landesbank Hessen-thrgn
|
|
2,835,000
|
2,835,000
|
|
New York City, NY, General Obligation:
|
|
||
|
Series F-6, 3.05%, 8/3/2026, SPA: JPMorgan Chase
Bank NA
|
|
800,000
|
800,000
|
|
Series G-6, 3.05%, 8/3/2026, LOC: Mizuho Bank Ltd.
|
|
200,000
|
200,000
|
|
North Texas Higher Education Authority, Inc., Series 1,
3.72%, 8/7/2026, LOC: Royal Bank of Canada
|
|
19,302,000
|
19,302,000
|
|
Tarrant County, TX, Cultural Education Facilities Finance
Corp. Revenue, Baylor Scott & White Health Obligated
Group, Series C, 2.9%, 8/3/2026, SPA: Royal Bank
of Canada
|
|
10,000,000
|
10,000,000
|
|
Taxable Municipal Funding Trust, 144A, Series 2018-4,
3.77%, 8/7/2026, INS: AG, LOC: Barclays Bank PLC
|
|
2,380,000
|
2,380,000
|
|
Texas A&M University, 3.71%, 8/5/2026
|
|
27,500,000
|
27,500,000
|
|
Texas, University of Texas Revenue, Financing System,
Series G2, 3.7%, 8/7/2026, LIQ: University of Texas
Investment Management Co.
|
|
2,000,000
|
2,000,000
|
|
Vermont, State Educational & Health Buildings Financing
Agency Revenue, Landmark College Project, Series A,
3.16%, 8/3/2026, LOC: TD Bank NA
|
|
645,000
|
645,000
|
|
Wisconsin, Housing & Economic Development Authority:
|
|
||
|
DWS Money Market Prime Series
|
|
|
5
|
|
|
Principal
Amount ($)
|
Value ($)
|
|
|
Series B, 3.72%, 8/7/2026, SPA: Federal Home
Loan Bank
|
|
5,775,000
|
5,775,000
|
|
Series F, 3.72%, 8/7/2026, SPA: JPMorgan Chase
Bank NA
|
|
1,910,000
|
1,910,000
|
|
Total Variable Rate Demand Notes (Cost $119,331,000)
|
119,331,000
|
||
|
Time Deposits 9.2%
|
|||
|
Canadian Imperial Bank of Commerce, 3.63%, 8/3/2026
|
|
25,000,000
|
25,000,000
|
|
Mizuho Bank Ltd., 3.64%, 8/3/2026
|
|
25,000,000
|
25,000,000
|
|
Total Time Deposits (Cost $50,000,000)
|
50,000,000
|
||
|
Repurchase Agreements 31.7%
|
|||
|
BNP Paribas, 3.73%, dated 7/31/2026, to be repurchased
at $25,007,771 on 8/3/2026 (d)
|
|
25,000,000
|
25,000,000
|
|
Fixed Income Clearing Corp.:
|
|
||
|
3.64%, dated 7/31/2026, to be repurchased at
$50,015,167 on 8/3/2026 (e)
|
|
50,000,000
|
50,000,000
|
|
3.64%, dated 7/31/2026, to be repurchased at
$25,007,583 on 8/3/2026 (f)
|
|
25,000,000
|
25,000,000
|
|
Royal Bank of Canada:
|
|
||
|
3.64%, dated 7/31/2026, to be repurchased at
$25,007,583 on 8/3/2026 (g)
|
|
25,000,000
|
25,000,000
|
|
3.65%, dated 7/31/2026, to be repurchased at
$11,003,346 on 8/3/2026 (h)
|
|
11,000,000
|
11,000,000
|
|
Wells Fargo Bank:
|
|
||
|
3.64%, dated 7/31/2026, to be repurchased at
$33,210,071 on 8/3/2026 (i)
|
|
33,200,000
|
33,200,000
|
|
3.65%, dated 7/31/2026, to be repurchased at
$3,200,973 on 8/3/2026 (j)
|
|
3,200,000
|
3,200,000
|
|
Total Repurchase Agreements (Cost $172,400,000)
|
172,400,000
|
||
|
|
|
% of Net
Assets
|
Value ($)
|
|
Total Investment Portfolio (Cost $549,966,586)
|
|
101.1
|
549,966,586
|
|
Other Assets and Liabilities, Net
|
|
(1.1
)
|
(6,055,940
)
|
|
Net Assets
|
|
100.0
|
543,910,646
|
|
(a)
|
Floating rate security. These securities are shown at their current rate as of
July 31, 2026.
|
|
(b)
|
Annualized yield at time of purchase; not a coupon rate.
|
|
6
|
|
|
DWS Money Market Prime Series
|
|
(c)
|
Variable rate demand notes are securities whose interest rates are reset periodically
(usually daily mode or weekly mode) by remarketing agents based on current market
levels, and are not directly set as a fixed spread to a reference rate. These securities
may be redeemed at par by the holder through a put or tender feature, and are shown
at their current rates as of July 31, 2026. Date shown reflects the earlier of demand
date or stated maturity date.
|
|
(d)
|
Collateralized by:
|
|
Principal
Amount ($)
|
Security
|
Rate (%)
|
Maturity Date
|
Collateral
Value ($)
|
|
26,879,755
|
Corporate Bonds
|
1.64-7.25
|
3/5/2027-12/31/2079
|
26,065,325
|
|
(e)
|
Collateralized by:
|
|
Principal
Amount ($)
|
Security
|
Rate (%)
|
Maturity Date
|
Collateral
Value ($)
|
|
51,427,900
|
U.S. Treasury Note
|
4.0
|
7/31/2029
|
51,000,008
|
|
(f)
|
Collateralized by:
|
|
Principal
Amount ($)
|
Security
|
Rate (%)
|
Maturity Date
|
Collateral
Value ($)
|
|
25,805,900
|
U.S. Treasury Note
|
3.5
|
12/15/2028
|
25,500,000
|
|
(g)
|
Collateralized by:
|
|
Principal
Amount ($)
|
Security
|
Rate (%)
|
Maturity Date
|
Collateral
Value ($)
|
|
400
|
U.S. Treasury Bills
|
Zero Coupon
|
8/6/2026-10/1/2026
|
398
|
|
15,649,200
|
U.S. Treasury Bonds
|
2.25-3.375
|
5/15/2041-11/15/2048
|
11,031,613
|
|
8,580,100
|
U.S. Treasury Inflation
Index Bonds
|
1.0-1.5
|
2/15/2048-2/15/2053
|
7,905,374
|
|
516,600
|
U.S. Treasury Inflation
Index Notes
|
0.875-2.125
|
1/15/2029-4/15/2029
|
649,144
|
|
5,907,900
|
U.S. Treasury Notes
|
1.5-4.125
|
8/15/2027-2/15/2032
|
5,726,041
|
|
284,846
|
U.S. Treasury STRIPS
|
Zero Coupon
|
8/15/2034-8/15/2046
|
195,165
|
|
Total Collateral Value
|
25,507,735
|
|||
|
DWS Money Market Prime Series
|
|
|
7
|
|
(h)
|
Collateralized by:
|
|
Principal
Amount ($)
|
Security
|
Rate (%)
|
Maturity Date
|
Collateral
Value ($)
|
|
886,400
|
U.S. Treasury Bills
|
Zero Coupon
|
9/22/2026-12/31/2026
|
872,297
|
|
3,369,800
|
U.S. Treasury Bonds
|
3.125-4.875
|
8/15/2048-8/15/2054
|
3,280,596
|
|
4,507,900
|
U.S. Treasury Notes
|
0.375-4.125
|
7/31/2027-2/15/2034
|
4,472,877
|
|
87,762
|
Federal Home Loan
Mortgage Corporation
|
1.5-6.5
|
11/1/2050-9/1/2053
|
92,189
|
|
1,273
|
Federal National
Mortgage Association
|
5.5-7.0
|
8/1/2053-2/1/2055
|
1,303
|
|
2,557,797
|
Government National
Mortgage Association
|
5.0
|
10/20/2054
|
2,504,203
|
|
Total Collateral Value
|
11,223,465
|
|||
|
(i)
|
Collateralized by:
|
|
Principal
Amount ($)
|
Security
|
Rate (%)
|
Maturity Date
|
Collateral
Value ($)
|
|
34,426,188
|
U.S. Treasury Bonds
|
1.875-4.625
|
11/15/2040-11/15/2055
|
29,037,699
|
|
4,827,218
|
U.S. Treasury Floating
Rate Notes
|
3.9
|
7/31/2028
|
4,826,301
|
|
Total Collateral Value
|
33,864,000
|
|||
|
(j)
|
Collateralized by:
|
|
Principal
Amount ($)
|
Security
|
Rate (%)
|
Maturity Date
|
Collateral
Value ($)
|
|
3,293,395
|
Federal Home Loan
Mortgage Corporation
|
2.0-6.5
|
1/1/2028-8/1/2056
|
3,264,000
|
|
144A: Security exempt from registration under Rule 144A under the Securities Act of 1933.
These securities may be resold in transactions exempt from registration, normally to
qualified institutional buyers.
|
|
AG: Assured Guaranty, Inc.
|
|
INS: Insured
|
|
LIQ: Liquidity Facility
|
|
LOC: Letter of Credit
|
|
PJSC: Public Joint Stock Company
|
|
SOFR: Secured Overnight Financing Rate
|
|
SPA: Standby Bond Purchase Agreement
|
|
STRIPS: Separate Trading of Registered Interest and Principal Securities
|
|
8
|
|
|
DWS Money Market Prime Series
|
|
Assets
|
Level 1
|
Level 2
|
Level 3
|
Total
|
|
Investments in Securities (a)
|
$-
|
$377,566,586
|
$-
|
$377,566,586
|
|
Repurchase Agreements
|
-
|
172,400,000
|
-
|
172,400,000
|
|
Total
|
$-
|
$549,966,586
|
$-
|
$549,966,586
|
|
(a)
|
See Investment Portfolio for additional detailed categorizations.
|
|
DWS Money Market Prime Series
|
|
|
9
|
|
Assets
|
|
|
Investments in securities, valued at amortized cost
|
$377,566,586
|
|
Repurchase agreements, valued at amortized cost
|
172,400,000
|
|
Cash
|
86,043
|
|
Receivable for investments sold
|
30,000
|
|
Receivable for Fund shares sold
|
874,588
|
|
Interest receivable
|
1,185,167
|
|
Other assets
|
42,119
|
|
Total assets
|
552,184,503
|
|
Liabilities
|
|
|
Payable for investments purchased
|
7,500,000
|
|
Payable for Fund shares redeemed
|
114,339
|
|
Distributions payable
|
237,042
|
|
Accrued management fee
|
114,758
|
|
Accrued Trustees' fees
|
5,041
|
|
Other accrued expenses and payables
|
302,677
|
|
Total liabilities
|
8,273,857
|
|
Net assets, at value
|
$543,910,646
|
|
Net Assets Consist of
|
|
|
Distributable earnings (loss)
|
(340,451
)
|
|
Paid-in capital
|
544,251,097
|
|
Net assets, at value
|
$543,910,646
|
|
Net Asset Value
|
|
|
DWS Cash Investment Trust Class A
|
|
|
Net Asset Value, offering and redemption price per share
($23,980,293 ÷ 23,958,632 outstanding shares of beneficial interest,
no par value, unlimited number of shares authorized)
|
$1.00
|
|
DWS Cash Investment Trust Class C
|
|
|
Net Asset Value, offering and redemption price per share
($2,275,504 ÷ 2,273,473 outstanding shares of beneficial interest,
no par value, unlimited number of shares authorized)
|
$1.00
|
|
DWS Cash Investment Trust Class S
|
|
|
Net Asset Value, offering and redemption price per share
($135,146,667 ÷ 135,023,799 outstanding shares of beneficial interest,
no par value, unlimited number of shares authorized)
|
$1.00
|
|
DWS Money Market Fund
|
|
|
Net Asset Value, offering and redemption price per share
($382,508,182 ÷ 382,160,332 outstanding shares of beneficial interest,
no par value, unlimited number of shares authorized)
|
$1.00
|
|
10
|
|
|
DWS Money Market Prime Series
|
|
Investment Income
|
|
|
Income:
|
|
|
Interest
|
$22,049,700
|
|
Expenses:
|
|
|
Management fee
|
1,797,841
|
|
Administration fee
|
541,977
|
|
Services to shareholders
|
788,116
|
|
Distribution and service fees
|
99,079
|
|
Custodian fee
|
5,112
|
|
Professional fees
|
59,004
|
|
Reports to shareholders
|
81,942
|
|
Registration fees
|
93,233
|
|
Trustees' fees and expenses
|
19,182
|
|
Other
|
30,583
|
|
Total expenses before expense reductions
|
3,516,069
|
|
Expense reductions
|
(227,028
)
|
|
Total expenses after expense reductions
|
3,289,041
|
|
Net investment income
|
18,760,659
|
|
Net increase (decrease) in net assets resulting from operations
|
$18,760,659
|
|
DWS Money Market Prime Series
|
|
|
11
|
|
|
Years Ended July 31,
|
|
|
Increase (Decrease) in Net Assets
|
2026
|
2025
|
|
Operations:
|
||
|
Net investment income
|
$18,760,659
|
$23,249,181
|
|
Net increase (decrease) in net assets resulting
from operations
|
18,760,659
|
23,249,181
|
|
Distributions to shareholders:
|
||
|
DWS Cash Investment Trust Class A
|
(838,715
)
|
(1,115,740
)
|
|
DWS Cash Investment Trust Class C
|
(76,654
)
|
(106,613
)
|
|
DWS Cash Investment Trust Class S
|
(4,838,244
)
|
(5,897,083
)
|
|
DWS Money Market Fund
|
(13,218,941
)
|
(16,129,719
)
|
|
Total distributions
|
(18,972,554
)
|
(23,249,155
)
|
|
Fund share transactions:
|
||
|
Proceeds from shares sold
|
163,763,733
|
178,131,847
|
|
Reinvestment of distributions
|
18,525,174
|
22,857,819
|
|
Payments for shares redeemed
|
(208,780,583
)
|
(203,147,705
)
|
|
Net increase (decrease) in net assets from Fund
share transactions
|
(26,491,676
)
|
(2,158,039
)
|
|
Increase (decrease) in net assets
|
(26,703,571
)
|
(2,158,013
)
|
|
Net assets at beginning of period
|
570,614,217
|
572,772,230
|
|
Net assets at end of period
|
$543,910,646
|
$570,614,217
|
|
12
|
|
|
DWS Money Market Prime Series
|
|
DWS Money Market Prime Series - DWS Cash Investment Trust
Class A
|
|||||
|
|
Years Ended July 31,
|
||||
|
|
2026
|
2025
|
2024
|
2023
|
2022
|
|
Selected Per Share Data
|
|||||
|
Net asset value, beginning of period
|
$1.00
|
$1.00
|
$1.00
|
$1.00
|
$1.00
|
|
Income (loss) from investment operations:
|
|||||
|
Net investment income
|
.031
|
.038
|
.047
|
.034
|
.001
|
|
Net realized gain (loss)
|
-
|
-
|
(.000
)*
|
.000
*
|
.000
*
|
|
Total from investment operations
|
.031
|
.038
|
.047
|
.034
|
.001
|
|
Less distributions from:
|
|||||
|
Net investment income
|
(.031
)
|
(.038
)
|
(.047
)
|
(.035
)
|
(.001
)
|
|
Net asset value, end of period
|
$1.00
|
$1.00
|
$1.00
|
$1.00
|
$1.00
|
|
Total Return (%)
|
3.18
a
|
3.89
a
|
4.78
a
|
3.54
|
.10
a
|
|
Ratios to Average Net Assets and Supplemental Data
|
|||||
|
Net assets, end of period ($ millions)
|
24
|
29
|
29
|
36
|
37
|
|
Ratio of expenses before expense reductions (%)
|
.87
|
.88
|
.86
|
.84
|
.83
|
|
Ratio of expenses after expense reductions (%)
|
.85
|
.86
|
.85
|
.84
|
.36
|
|
Ratio of net investment income (%)
|
3.10
|
3.82
|
4.67
|
3.40
|
.11
|
|
a
|
Total return would have been lower had certain expenses not been reduced.
|
|
*
|
Amount is less than $.0005.
|
|
DWS Money Market Prime Series
|
|
|
13
|
|
DWS Money Market Prime Series - DWS Cash Investment Trust
Class C
|
|||||
|
|
Years Ended July 31,
|
||||
|
|
2026
|
2025
|
2024
|
2023
|
2022
|
|
Selected Per Share Data
|
|||||
|
Net asset value, beginning of period
|
$1.00
|
$1.00
|
$1.00
|
$1.00
|
$1.00
|
|
Income (loss) from investment operations:
|
|||||
|
Net investment income
|
.023
|
.031
|
.039
|
.026
|
.000
*
|
|
Net realized gain (loss)
|
-
|
-
|
(.000
)*
|
.000
*
|
.000
*
|
|
Total from investment operations
|
.023
|
.031
|
.039
|
.026
|
.000
*
|
|
Less distributions from:
|
|||||
|
Net investment income
|
(.024
)
|
(.031
)
|
(.039
)
|
(.027
)
|
(.000
)*
|
|
Net asset value, end of period
|
$1.00
|
$1.00
|
$1.00
|
$1.00
|
$1.00
|
|
Total Return (%)
|
2.42
|
3.13
|
4.02
|
2.78
|
.02
a
|
|
Ratios to Average Net Assets and Supplemental Data
|
|||||
|
Net assets, end of period ($ millions)
|
2
|
3
|
4
|
5
|
4
|
|
Ratio of expenses before expense reductions (%)
|
1.58
|
1.60
|
1.58
|
1.57
|
1.56
|
|
Ratio of expenses after expense reductions (%)
|
1.58
|
1.60
|
1.58
|
1.57
|
.44
|
|
Ratio of net investment income (%)
|
2.33
|
3.17
|
3.94
|
2.62
|
.02
|
|
a
|
Total return would have been lower had certain expenses not been reduced.
|
|
*
|
Amount is less than $.0005.
|
|
14
|
|
|
DWS Money Market Prime Series
|
|
DWS Money Market Prime Series - DWS Cash Investment Trust
Class S
|
|||||
|
|
Years Ended July 31,
|
||||
|
|
2026
|
2025
|
2024
|
2023
|
2022
|
|
Selected Per Share Data
|
|||||
|
Net asset value, beginning of period
|
$1.00
|
$1.00
|
$1.00
|
$1.00
|
$1.00
|
|
Income (loss) from investment operations:
|
|||||
|
Net investment income
|
.034
|
.041
|
.050
|
.037
|
.002
|
|
Net realized gain (loss)
|
-
|
-
|
(.000
)*
|
.000
*
|
.000
*
|
|
Total from investment operations
|
.034
|
.041
|
.050
|
.037
|
.002
|
|
Less distributions from:
|
|||||
|
Net investment income
|
(.034
)
|
(.041
)
|
(.050
)
|
(.038
)
|
(.002
)
|
|
Net asset value, end of period
|
$1.00
|
$1.00
|
$1.00
|
$1.00
|
$1.00
|
|
Total Return (%)a
|
3.47
|
4.18
|
5.07
|
3.82
|
.17
|
|
Ratios to Average Net Assets and Supplemental Data
|
|||||
|
Net assets, end of period ($ millions)
|
135
|
147
|
147
|
151
|
157
|
|
Ratio of expenses before expense reductions (%)
|
.65
|
.67
|
.64
|
.63
|
.62
|
|
Ratio of expenses after expense reductions (%)
|
.57
|
.58
|
.57
|
.57
|
.29
|
|
Ratio of net investment income (%)
|
3.38
|
4.10
|
4.95
|
3.67
|
.17
|
|
a
|
Total return would have been lower had certain expenses not been reduced.
|
|
*
|
Amount is less than $.0005.
|
|
DWS Money Market Prime Series
|
|
|
15
|
|
DWS Money Market Prime Series - DWS Money Market Fund
|
|||||
|
|
Years Ended July 31,
|
||||
|
|
2026
|
2025
|
2024
|
2023
|
2022
|
|
Selected Per Share Data
|
|||||
|
Net asset value, beginning of period
|
$1.00
|
$1.00
|
$1.00
|
$1.00
|
$1.00
|
|
Income (loss) from investment operations:
|
|||||
|
Net investment income
|
.034
|
.041
|
.050
|
.037
|
.002
|
|
Net realized gain (loss)
|
-
|
-
|
(.000
)*
|
.000
*
|
.000
*
|
|
Total from investment operations
|
.034
|
.041
|
.050
|
.037
|
.002
|
|
Less distributions from:
|
|||||
|
Net investment income
|
(.034
)
|
(.041
)
|
(.050
)
|
(.038
)
|
(.002
)
|
|
Net asset value, end of period
|
$1.00
|
$1.00
|
$1.00
|
$1.00
|
$1.00
|
|
Total Return (%)a
|
3.47
|
4.18
|
5.07
|
3.82
|
.17
|
|
Ratios to Average Net Assets and Supplemental Data
|
|||||
|
Net assets, end of period ($ millions)
|
383
|
392
|
393
|
390
|
403
|
|
Ratio of expenses before expense reductions (%)
|
.60
|
.61
|
.60
|
.59
|
.58
|
|
Ratio of expenses after expense reductions (%)
|
.57
|
.58
|
.57
|
.57
|
.29
|
|
Ratio of net investment income (%)
|
3.38
|
4.10
|
4.95
|
3.68
|
.16
|
|
a
|
Total return would have been lower had certain expenses not been reduced.
|
|
*
|
Amount is less than $.0005.
|
|
16
|
|
|
DWS Money Market Prime Series
|
|
DWS Money Market Prime Series
|
|
|
17
|
|
18
|
|
|
DWS Money Market Prime Series
|
|
DWS Money Market Prime Series
|
|
|
19
|
|
Capital loss carryforwards
|
$(103,409
)
|
|
|
Years Ended July 31,
|
|
|
|
2026
|
2025
|
|
Distributions from ordinary income*
|
$18,972,554
|
$23,249,155
|
|
*
|
For tax purposes, short-term capital gain distributions are considered ordinary
income distributions.
|
|
20
|
|
|
DWS Money Market Prime Series
|
|
First $215 million of the Fund's average daily net assets
|
.400%
|
|
Next $335 million of such net assets
|
.275%
|
|
Next $250 million of such net assets
|
.200%
|
|
Next $800 million of such net assets
|
.150%
|
|
Next $800 million of such net assets
|
.140%
|
|
Next $800 million of such net assets
|
.130%
|
|
Over $3.2 billion of such net assets
|
.120%
|
|
DWS Cash Investment Trust Class A
|
.85%
|
|
DWS Cash Investment Trust Class C
|
1.60%
|
|
DWS Cash Investment Trust Class S
|
.57%
|
|
DWS Money Market Fund
|
.57%
|
|
DWS Cash Investment Trust Class A
|
$5,382
|
|
DWS Cash Investment Trust Class S
|
112,003
|
|
DWS Money Market Fund
|
109,643
|
|
|
$227,028
|
|
DWS Money Market Prime Series
|
|
|
21
|
|
Services to Shareholders
|
Total
Aggregated
|
Unpaid at
July 31, 2026
|
|
DWS Cash Investment Trust Class A
|
$26,688
|
$4,530
|
|
DWS Cash Investment Trust Class C
|
2,251
|
432
|
|
DWS Cash Investment Trust Class S
|
192,915
|
32,159
|
|
DWS Money Market Fund
|
331,734
|
55,471
|
|
|
$553,588
|
$92,592
|
|
Sub-Recordkeeping
|
Total
Aggregated
|
|
DWS Cash Investment Trust Class A
|
$2,804
|
|
DWS Cash Investment Trust Class C
|
134
|
|
DWS Cash Investment Trust Class S
|
3,074
|
|
DWS Money Market Fund
|
6,554
|
|
|
$12,566
|
|
Distribution Fee
|
Total
Aggregated
|
Unpaid at
July 31, 2026
|
|
DWS Cash Investment Trust Class C
|
$24,348
|
$1,420
|
|
22
|
|
|
DWS Money Market Prime Series
|
|
Service Fee
|
Total
Aggregated
|
Unpaid at
July 31, 2026
|
Annual
Rate
|
|
DWS Cash Investment Trust Class A
|
$66,615
|
$5,076
|
.25%
|
|
DWS Cash Investment Trust Class C
|
8,116
|
473
|
.25%
|
|
|
$74,731
|
$5,549
|
|
DWS Money Market Prime Series
|
|
|
23
|
|
|
Year Ended
July 31, 2026
|
Year Ended
July 31, 2025
|
||
|
|
Shares
|
Dollars
|
Shares
|
Dollars
|
|
Shares sold
|
||||
|
DWS Cash Investment Trust
Class A
|
9,277,024
|
$9,277,024
|
15,672,030
|
$15,672,030
|
|
DWS Cash Investment Trust
Class C
|
2,822,949
|
2,822,949
|
1,742,613
|
1,742,613
|
|
DWS Cash Investment Trust
Class S
|
41,594,693
|
41,594,693
|
46,413,251
|
46,413,251
|
|
DWS Money Market Fund
|
110,029,314
|
110,029,314
|
114,245,566
|
114,245,566
|
|
Account maintenance fees
|
-
|
39,753
|
-
|
58,387
|
|
|
$163,763,733
|
$178,131,847
|
||
|
Shares issued to shareholders in reinvestment of distributions
|
||||
|
DWS Cash Investment Trust
Class A
|
834,426
|
$834,426
|
1,111,438
|
$1,111,438
|
|
DWS Cash Investment Trust
Class C
|
76,351
|
76,351
|
101,799
|
101,799
|
|
DWS Cash Investment Trust
Class S
|
4,760,530
|
4,760,530
|
5,830,373
|
5,830,373
|
|
DWS Money Market Fund
|
12,853,867
|
12,853,867
|
15,814,209
|
15,814,209
|
|
|
$18,525,174
|
$22,857,819
|
||
|
Shares redeemed
|
||||
|
DWS Cash Investment Trust
Class A
|
(15,194,395
)
|
$(15,194,395
)
|
(16,702,803
)
|
$(16,702,803
)
|
|
DWS Cash Investment Trust
Class C
|
(3,308,284
)
|
(3,308,284
)
|
(3,170,011
)
|
(3,170,011
)
|
|
DWS Cash Investment Trust
Class S
|
(58,280,722
)
|
(58,280,722
)
|
(52,187,504
)
|
(52,187,504
)
|
|
DWS Money Market Fund
|
(131,997,182
)
|
(131,997,182
)
|
(131,087,387
)
|
(131,087,387
)
|
|
|
$(208,780,583
)
|
$(203,147,705
)
|
||
|
24
|
|
|
DWS Money Market Prime Series
|
|
|
Year Ended
July 31, 2026
|
Year Ended
July 31, 2025
|
||
|
|
Shares
|
Dollars
|
Shares
|
Dollars
|
|
Net increase (decrease)
|
||||
|
DWS Cash Investment Trust
Class A
|
(5,082,945
)
|
$(5,082,945
)
|
80,665
|
$80,665
|
|
DWS Cash Investment Trust
Class C
|
(408,984
)
|
(408,984
)
|
(1,325,599
)
|
(1,325,599
)
|
|
DWS Cash Investment Trust
Class S
|
(11,925,499
)
|
(11,925,499
)
|
56,120
|
56,120
|
|
DWS Money Market Fund
|
(9,114,001
)
|
(9,114,001
)
|
(1,027,612
)
|
(1,027,612
)
|
|
Account maintenance fees
|
-
|
39,753
|
-
|
58,387
|
|
|
$(26,491,676
)
|
$(2,158,039
)
|
||
|
DWS Money Market Prime Series
|
|
|
25
|
|
26
|
|
|
DWS Money Market Prime Series
|
|
DWS Money Market Prime Series
|
|
|
27
|
|
28
|
|
|
DWS Money Market Prime Series
|
|
DWS Money Market Prime Series
|
|
|
29
|
|
30
|
|
|
DWS Money Market Prime Series
|
|
DWS Money Market Prime Series
|
|
|
31
|
|
32
|
|
|
DWS Money Market Prime Series
|
|
DWS Money Market Prime Series
|
|
|
33
|
| (b) The Financial Highlights are included with the Financial Statements under Item 7(a). | ||
| Item 8. | Changes in and Disagreements with Accountants for Open-End Management Investment Companies. | |
| Not applicable | ||
| Item 9. | Proxy Disclosures for Open-End Management Investment Companies. | |
| Not applicable | ||
| Item 10. | Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies. | |
| See Item 7(a) | ||
| Item 11. | Statement Regarding Basis for Approval of Investment Advisory Contract. | |
| See Item 7(a) | ||
| Item 12. | Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies. | |
| Not applicable | ||
| Item 13. | Portfolio Managers of Closed-End Management Investment Companies. | |
| Not applicable | ||
| Item 14. | Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers. | |
| Not applicable | ||
| Item 15. | Submission of Matters to a Vote of Security Holders. | |
| There were no material changes to the procedures by which shareholders may recommend nominees to the Fund's Board. The primary function of the Nominating and Governance Committee is to identify and recommend individuals for membership on the Board and oversee the administration of the Board Governance Guidelines. Shareholders may recommend candidates for Board positions by forwarding their correspondence by U.S. mail or courier service to Keith R. Fox, DWS Funds Board Chair, c/o Thomas R. Hiller, Ropes & Gray LLP, Prudential Tower, 800 Boylston Street, Boston, MA 02199-3600. | ||
| Item 16. | Controls and Procedures. | |
| (a) | The Chief Executive and Financial Officers concluded that the Registrant's Disclosure Controls and Procedures are effective based on the evaluation of the Disclosure Controls and Procedures as of a date within 90 days of the filing date of this report. | |
| (b) | There have been no changes in the registrant's internal control over financial reporting that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal controls over financial reporting. | |
| Item 17. | Disclosure of Securities Lending Activities for Closed-End Management Investment Companies. | |
| Not applicable | ||
| Item 18. | Recovery of Erroneously Awarded Compensation. | |
| Not applicable | ||
| Item 19. | Exhibits | |
| (a)(1) | Code of Ethics pursuant to Item 2 of Form N-CSR is filed and attached hereto as EX-99.CODE ETH. | |
| (a)(2) | Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT. | |
| (b) | Certification pursuant to Rule 30a-2(b) under the Investment Company Act of 1940 (17 CFR 270.30a-2(b)) is furnished and attached hereto as Exhibit 99.906CERT. | |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| Registrant: | DWS Money Market Prime Series, a series of Deutsche DWS Money Funds |
| By: |
/s/Hepsen Uzcan Hepsen Uzcan Principal Executive Officer |
| Date: | 9/29/2026 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
| By: |
/s/Hepsen Uzcan Hepsen Uzcan Principal Executive Officer |
| Date: | 9/29/2026 |
| By: |
/s/Diane Kenneally Diane Kenneally Principal Financial Officer |
| Date: | 9/29/2026 |