Prospectus by Investment Company - Form 497

SUPPLEMENT TO THE CURRENTLY EFFECTIVE PROSPECTUS

DWS Total Return Bond Fund

The following information is added to the existing disclosure relating to the fund under the "Management Fee" sub-heading of the "WHO MANAGES AND OVERSEES THE FUND" section of the fund's prospectus:

Effective October 1, 2024, DWS Total Return Bond Fund pays the Advisor a fee, calculated daily and paid monthly, at the annual rate of 0.350% on the first $1.5 billion of the fund's average daily net assets, 0.335% on the next $1.75 billion of the fund's average daily net assets, 0.320% on the next $1.75 billion of the fund's average daily net assets, 0.305% on the next $2.5 billion of the fund's average daily net assets, 0.295% on the next $2.5 billion of the fund's average daily net assets, 0.275% on the next $2.5 billion of the fund's average daily net assets, and 0.265% of the fund's average daily net assets thereafter. Prior to October 1, 2024, the fund paid the Advisor a fee, calculated daily and paid monthly, at the annual rate of 0.400% on the first $1.5 billion of the fund's average daily net assets, 0.385% on the next $1.75 billion of the fund's average daily net assets, 0.370% on the next $1.75 billion of the fund's average daily net assets, 0.355% on the next $2.5 billion of the fund's average daily net assets, 0.345% on the next $2.5 billion of the fund's average daily net assets, 0.325% on the next $2.5 billion of the fund's average daily net assets, and 0.315% of the fund's average daily net assets thereafter.

Please Retain This Supplement for Future Reference

September 23, 2024

PROSTKR24-80