# DWS S&P 500 Index Fund - Class A (SXPAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/sxpax for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: DWS / Xtrackers · Asset class: Equity - Strategy: Passive Index · Inception: 2005-02-15 This fund's primary objective is to mirror the total return of common stocks publicly traded in the U.S., as represented by the S&P 500® Index. Ordinarily, the advisor aims to allocate at least 80% of the assets, assessed at the time of purchase, into either equities of companies included in the S&P 500® Index or derivative instruments, such as futures contracts and options, that provide comparable exposure to these index constituents. The portfolio's securities are strategically weighted to ensure its overall investment profile closely aligns with that of the index. ## Key Facts | Metric | Value | |---|---| | Price | $60.16 | | Expense Ratio | 0.54% | | AUM (All Share Classes) | $1.60B | | NAV | $60.16 | | Holdings Count | — | | Distribution Yield (TTM) | 4.70% | | Annual Distribution (TTM) | $2.82 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $49.97 – $60.93 | | Beta | 1.02 | ## Latest Distribution - Amount: $0.0898 /share - Ex-date: 2026-09-23 - Pay date: 2026-09-24 ## Frequently Asked Questions ### What does SXPAX invest in? This fund's primary objective is to mirror the total return of common stocks publicly traded in the U.S., as represented by the S&P 500® Index. Ordinarily, the advisor aims to allocate at least 80% of the assets, assessed at the time of purchase, into either equities of companies included in the S&P 500® Index or derivative instruments, such as futures contracts and options, that provide comparable exposure to these index constituents. The portfolio's securities are strategically weighted to ensure its overall investment profile closely aligns with that of the index. ### What is the expense ratio of SXPAX? DWS S&P 500 Index Fund - Class A (SXPAX) charges an expense ratio of 0.54%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is SXPAX? DWS S&P 500 Index Fund - Class A (SXPAX) is one share class of a fund that manages $1.60B across all of its share classes (SXPCX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is SXPAX actively managed or an index fund? SXPAX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (SXPAX's is 0.54%) because there's no security selection cost. ### When was SXPAX launched? DWS S&P 500 Index Fund - Class A (SXPAX) launched in February 2005 and is managed by DWS / Xtrackers. ### How has SXPAX performed? SXPAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does SXPAX pay a dividend? DWS S&P 500 Index Fund - Class A (SXPAX) currently distributes little or no income. Trailing-twelve-month yield is 4.70%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does SXPAX pay dividends? DWS S&P 500 Index Fund - Class A pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is SXPAX's dividend yield? SXPAX's trailing-twelve-month yield is 4.70%, calculated from the sum of dividends over the past year divided by the current price. ### When is SXPAX's next ex-dividend date? The most recently announced ex-dividend date for SXPAX was 2026-09-23. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will SXPAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.54% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does SXPAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from SXPAX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does SXPAX cost more than a fund like VOO? SXPAX is a passive index fund (current expense ratio 0.54%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to SXPAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as SXPAX (0.54%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/sxpax - Distribution history: https://www.dividenddata.com/funds/sxpax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/sxpax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/sxpax/expenses - Peer comparison: https://www.dividenddata.com/funds/sxpax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.