Gary Russell, CFA, Managing Director and Portfolio Manager. · Joined Deutsche Asset & Wealth Management in 1996. Served as the head of the High Yield group in Europe and as an Emerging Markets portfolio manager. · Prior to that, four years at Citicorp as a research analyst and structurer of collateralized mortgage obligations. Prior to Citicorp, served as an officer in the US Army from 1988 to 1991. ·BS, United States Military Academy (West Point); MBA, New York University, Stern School of Business.

Nick Soroka, Portfolio Manager & Senior Research Analyst Fixed Income. Portfolio Manager of the fund. Began managing the fund in 2023. Joined DWS in 2019 with over a year of industry experience. Prior to joining, he was a quantamental analyst at Ascend Capital. Prior to Ascend he worked at SpendVest, a fintech investing startup. Previously, he was an engineer in the U.S. Army.

Kirk Maurer, CFA, Portfolio Manager & Senior Research Analyst Fixed Income. Portfolio Manager of the fund. Began managing the fund in 2023. ◾Joined DWS in 2014 with 19 years of industry experience. Prior to joining, he was a director in portfolio management and research at Babson Capital Management. Previously, he served in portfolio management and as co-director of research at Caywood-Scholl Capital Management. Prior to that, he was a high yield research analyst at Waddell and Reed. He started his career as an analyst at Conseco Capital Management. ◾Portfolio Manager and Senior Research Analyst – Fixed Income: Jacksonville, FL. ◾BBA in Economics from Southern Illinois University.