DWS Capital Growth Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, DWS Capital Growth Fund held 73 positions with $2.23B in net assets. Its ten largest holdings made up 51.2% of the fund. The SDGAX share class costs 0.89% a year. Over the 12 months to May 2026, SDGAX returned 17.8%, with dividends reinvested. In 2026 Q2 it added 11 new positions and exited 8.
The fund seeks to provide long-term growth of capital.
The fund employs a bottom-up stock selection process to identify large-cap U.S. growth companies it believes offer above-average and sustainable growth potential, using proprietary research and valuation metrics to guide security selection within risk parameters set by management. The fund normally invests at least 65% of assets in equities, mainly common stocks of companies similar in size to those in the S&P 500 Index or Russell 1000 Growth Index, though effective June 11, 2026, this will increase to at least 80% in growth companies as defined by the Russell 1000 Growth Index. Because portfolio performance depends on the quality of management's stock picks and their fundamental execution, returns may diverge materially from those of the indexes the fund references.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NVDANVIDIA Corp | 13.90% | $309.67M | 1.5M | $200.09 |
AAPLApple Inc | 6.86% | $152.91M | 528.4K | $289.36 |
GOOGLAlphabet Inc | 6.05% | $134.80M | 377.2K | $357.37 |
AVGOBroadcom Inc | 5.27% | $117.41M | 310.8K | $377.75 |
GOOGAlphabet Inc | 4.95% | $110.21M | 311.9K | $353.33 |
MSFTMicrosoft Corp | 4.61% | $102.70M | 275.3K | $373.02 |
2.69% | $59.82M | 82.7K | $723.00 | |
2.42% | $53.99M | 95.8K | $563.29 | |
2.23% | $49.74M | 167.0K | $297.89 | |
2.20% | $49.00M | 40.9K | $1,199.43 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
All 73 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 98.53% |
| Cash & short-term | 2.95% |
By sector
- Information Technology
- 50.2%
- Communication Services
- 15.7%
- Industrials
- 12.3%
- Health Care
- 4.7%
- 7 other sectors
- 17.1%
- Information Technology
- 50.2%
- Communication Services
- 15.7%
- Industrials
- 12.3%
- Health Care
- 4.7%
- Financials
- 4.3%
- International
- 4.3%
- Consumer Discretionary
- 3.7%
- Cash
- 2.9%
- Real Estate
- 0.6%
- Consumer Staples
- 0.6%
- Materials
- 0.6%
How it has done
SDGAX share class · total returns with dividends reinvested
Volatility over the last 12 months: 17.54%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 6 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.89% | +17.76% | +73.45% | +65.78% | -13.81% | |
| 1.76% | +16.74% | +69.04% | +58.81% | -14.13% | |
| — | — | — | — | — | |
| 0.66% | +18.04% | +74.74% | +67.75% | -13.73% | |
| 0.69% | +18.04% | +74.69% | +67.68% | -13.73% | |
| 0.59% | +18.11% | +75.03% | +68.30% | -13.71% |
Fees & fund details
DWS Capital Growth Fund is an actively managed U.S. equity fund. 44% of SDGAX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 94% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Non-diversified
- Expense ratio, by class
- 0.59% – 1.76%· SDGAX 0.89%
- Portfolio turnover
- 13.00% a year · as of 2026 Q1
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
11 new· the largest 8
8 exited
Understand how this fund fits with the rest.
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