Morningstar

DWS RREEF Real Assets Fund - Class C AAAPX

Morningstar Medalist Rating
Medalist Rating as of | See DWS Investment Hub
  • NAV / 1-Day Return 14.17  /  +0.78 %
  • Total Assets 4.8B
  • Adj. Expense Ratio
    1.890%
  • Expense Ratio 1.920%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Global Moderately Aggressive Allocation
  • Investment Style Mid Value
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.15%
  • Turnover 94%

USD | NAV as of Jun 13, 2026 | 1-Day Return as of Jun 13, 2026, 2:34 AM GMT+0

Morningstar’s Analysis AAAPX

Will AAAPX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable AAAPX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the AAAPX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of AAAPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

This strategy is supported by a broad, dedicated group, but recent markets have challenged the approach.

Analyst Vedran Beogradlija

Vedran Beogradlija

Analyst

Summary

DWS RREEF Real Assets is a high-touch attempt to deliver inflation-sensitive returns. Though considerable resources back the strategy, recent market conditions have upset the otherwise consistent and systematic approach. The team continues to fine-tune the components driving the model at the heart of the strategy, but outcomes are less reliable than in the fund’s past, warranting a downgrade of the Process Pillar to Average from Above Average.

by Vedran Beogradlija
Rated on Published on

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Portfolio Holdings AAAPX

More AAAPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Williams Companies Inc

2.56 126M
Energy

Prologis Inc

2.45 120M
Real Estate

United States Treasury Bills 3.6078%

2.23 109M
Government

Equinix Inc

2.15 106M
Real Estate

United States Treasury Bills 3.6774%

2.13 105M
Government

United States Treasury Bills 3.7%

2.01 99M
Government

United States Treasury Bills 3.7389%

2.01 99M
Government

American Tower Corp

1.99 98M
Real Estate

Welltower Inc

1.91 94M
Real Estate

TC Energy Corp

1.84 91M
Energy

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